finance for non-finance officers. non-finance officer is a mis- nomer every officer is a finance...
TRANSCRIPT
![Page 1: Finance for Non-finance Officers. Non-finance Officer is a mis- nomer Every Officer is a finance officer Finance function is implicit and universal in](https://reader035.vdocuments.us/reader035/viewer/2022081504/5697c02d1a28abf838cd9929/html5/thumbnails/1.jpg)
Finance for
Non-finance Officers
![Page 2: Finance for Non-finance Officers. Non-finance Officer is a mis- nomer Every Officer is a finance officer Finance function is implicit and universal in](https://reader035.vdocuments.us/reader035/viewer/2022081504/5697c02d1a28abf838cd9929/html5/thumbnails/2.jpg)
Non-finance Officer is a mis-nomer
Every Officer is a finance officerFinance function is implicit and
universal in nature.We exercise finance function,
consciously or other-wise in our personal life too.
Finance function
![Page 3: Finance for Non-finance Officers. Non-finance Officer is a mis- nomer Every Officer is a finance officer Finance function is implicit and universal in](https://reader035.vdocuments.us/reader035/viewer/2022081504/5697c02d1a28abf838cd9929/html5/thumbnails/3.jpg)
First standard of financial propriety
Expenditure should not prima facie be more than the occasion demands and
Every Government servant should exercise the same vigilance in respect of expenditure incurred from public moneys as a person of ordinary prudence would exercise in respect of the expenditure of his own money.
![Page 4: Finance for Non-finance Officers. Non-finance Officer is a mis- nomer Every Officer is a finance officer Finance function is implicit and universal in](https://reader035.vdocuments.us/reader035/viewer/2022081504/5697c02d1a28abf838cd9929/html5/thumbnails/4.jpg)
Finance function in Public affairs Finance acquires added significance in Government affairs because we are dealing with public money.
Accountability to the public through public representatives i.e. through the institution of Parliament.
![Page 5: Finance for Non-finance Officers. Non-finance Officer is a mis- nomer Every Officer is a finance officer Finance function is implicit and universal in](https://reader035.vdocuments.us/reader035/viewer/2022081504/5697c02d1a28abf838cd9929/html5/thumbnails/5.jpg)
Finance Establishme
nt
![Page 6: Finance for Non-finance Officers. Non-finance Officer is a mis- nomer Every Officer is a finance officer Finance function is implicit and universal in](https://reader035.vdocuments.us/reader035/viewer/2022081504/5697c02d1a28abf838cd9929/html5/thumbnails/6.jpg)
Total Receipts
Passengers
Other Coaching
Goods
Sundry
Misc.Receipts
Subsidy
Safety Surcharge
![Page 7: Finance for Non-finance Officers. Non-finance Officer is a mis- nomer Every Officer is a finance officer Finance function is implicit and universal in](https://reader035.vdocuments.us/reader035/viewer/2022081504/5697c02d1a28abf838cd9929/html5/thumbnails/7.jpg)
Total Outgo
OperatingExpenses
Appropriation to DRF
Appropriation
to Pension Fund
Misc Expd
Appropriation
to RSF
OLWRDividend
Appropriation
to DF
Appropriation to
Capital Fund
![Page 8: Finance for Non-finance Officers. Non-finance Officer is a mis- nomer Every Officer is a finance officer Finance function is implicit and universal in](https://reader035.vdocuments.us/reader035/viewer/2022081504/5697c02d1a28abf838cd9929/html5/thumbnails/8.jpg)
65%
PassengerEarnings
Other CoachingEarnings
Goods TrafficEarnings
Sundry OtherEarnings
Misc.Receipts
Where the Rupee came from – 2009-10
![Page 9: Finance for Non-finance Officers. Non-finance Officer is a mis- nomer Every Officer is a finance officer Finance function is implicit and universal in](https://reader035.vdocuments.us/reader035/viewer/2022081504/5697c02d1a28abf838cd9929/html5/thumbnails/9.jpg)
Where the Rupee went - 2009-10 (as part of the total disbursements)
5%
4%
8%6%
6%
2%1%
1%
16%
15%
0%
36%
Staff Wages & Allow.
Pension Fund
Fuel
Stores
Lease Charges
Other Pus
Dividend
DRF
CF
DF
OLWR
Miscellaneous
![Page 10: Finance for Non-finance Officers. Non-finance Officer is a mis- nomer Every Officer is a finance officer Finance function is implicit and universal in](https://reader035.vdocuments.us/reader035/viewer/2022081504/5697c02d1a28abf838cd9929/html5/thumbnails/10.jpg)
Where the Rupee went - 2009-10 as part of working expenses
6%4% 10%
43%
18%
19%Staff
Pension
Fuel
Stores
Lease Charges
Other Pus
![Page 11: Finance for Non-finance Officers. Non-finance Officer is a mis- nomer Every Officer is a finance officer Finance function is implicit and universal in](https://reader035.vdocuments.us/reader035/viewer/2022081504/5697c02d1a28abf838cd9929/html5/thumbnails/11.jpg)
Finance Establishment deals mainly with …
Creation of Additional Revenue Posts; Extension of Temporary Posts; Conversion of Temporary Posts to
permanent ones;Crediting money value of posts surrendered to
Surplus Bank; Release of matching money value from Surplus
Bank for creation of revenue posts concurred inand
![Page 12: Finance for Non-finance Officers. Non-finance Officer is a mis- nomer Every Officer is a finance officer Finance function is implicit and universal in](https://reader035.vdocuments.us/reader035/viewer/2022081504/5697c02d1a28abf838cd9929/html5/thumbnails/12.jpg)
Finance Establishment deals with …
Creation of Work-charged Posts;Extension of Work-charged PostsSix Monthly reviews of running staff –
Drivers and Guards
![Page 13: Finance for Non-finance Officers. Non-finance Officer is a mis- nomer Every Officer is a finance officer Finance function is implicit and universal in](https://reader035.vdocuments.us/reader035/viewer/2022081504/5697c02d1a28abf838cd9929/html5/thumbnails/13.jpg)
Finance Establishment also concerned with …
Engagement of CMPs, Part-time lecturers etc.
Fixation of Consolidated Traveling Allow.
![Page 14: Finance for Non-finance Officers. Non-finance Officer is a mis- nomer Every Officer is a finance officer Finance function is implicit and universal in](https://reader035.vdocuments.us/reader035/viewer/2022081504/5697c02d1a28abf838cd9929/html5/thumbnails/14.jpg)
Manpower PlanningIR has as a well organised, well trained and very
responsive workforce, specific to the needs of the organisation.
Our staff and officers are in great demand in other departments and also the private sector.
Man power by itself is not a problem. Problem related to sector wise requirements vis-à-vis availability.
![Page 15: Finance for Non-finance Officers. Non-finance Officer is a mis- nomer Every Officer is a finance officer Finance function is implicit and universal in](https://reader035.vdocuments.us/reader035/viewer/2022081504/5697c02d1a28abf838cd9929/html5/thumbnails/15.jpg)
Staff Strength and Staff Cost
Year Staff (in lakhs) Average Annual wage (Rs.)
1950-51 9.14 1,263
1995-96 15.86 59,219
2004-05 14.24 1,58,140
2005-06 13.24 1,73,911
2006-07 13.97 1,73,799
2007-08 13.95 1,86,070
2008-09
![Page 16: Finance for Non-finance Officers. Non-finance Officer is a mis- nomer Every Officer is a finance officer Finance function is implicit and universal in](https://reader035.vdocuments.us/reader035/viewer/2022081504/5697c02d1a28abf838cd9929/html5/thumbnails/16.jpg)
Impact of Pay commission
Expenditure on staff and pension have payments increased dramatically following recommendations of successive Pay Commissions, especially the V PC and VI PC.
No room for complacency
![Page 17: Finance for Non-finance Officers. Non-finance Officer is a mis- nomer Every Officer is a finance officer Finance function is implicit and universal in](https://reader035.vdocuments.us/reader035/viewer/2022081504/5697c02d1a28abf838cd9929/html5/thumbnails/17.jpg)
Rightsizing IR
Since the 1990s, Railways have been trying to right-size manpower.
Staff strength brought down
from about 18 lakhs in nineties
to 13.95 lakhs in 2007-08,
by almost 4 lakhs in about 18 years
![Page 18: Finance for Non-finance Officers. Non-finance Officer is a mis- nomer Every Officer is a finance officer Finance function is implicit and universal in](https://reader035.vdocuments.us/reader035/viewer/2022081504/5697c02d1a28abf838cd9929/html5/thumbnails/18.jpg)
Techniques followedFilling up of only 1% as against 3% retirements
every year.Doing away with Yardsticks and NormsBringing in IRBM Outsourcing non-core activitiesIdentifying surplus posts Surrendering vacant postsRedeploying staff rendered surplusNo indents for surplus categories
![Page 19: Finance for Non-finance Officers. Non-finance Officer is a mis- nomer Every Officer is a finance officer Finance function is implicit and universal in](https://reader035.vdocuments.us/reader035/viewer/2022081504/5697c02d1a28abf838cd9929/html5/thumbnails/19.jpg)
Creation of revenue postsCreation of additional posts only as last resortAlternative means to be explored for creation of
posts like re-arrangement of work and duties, elimination of unnecessary work, simplification of procedures rationalization of works etc computerisation of more activities
![Page 20: Finance for Non-finance Officers. Non-finance Officer is a mis- nomer Every Officer is a finance officer Finance function is implicit and universal in](https://reader035.vdocuments.us/reader035/viewer/2022081504/5697c02d1a28abf838cd9929/html5/thumbnails/20.jpg)
Pre-requisites for creation of revenue posts
Every proposal for creation of additional posts, should be accompanied by statement showing the particulars of the existing
staff, the proposed staff and the increase or decrease in
each category of post. Creation of Revenue posts require matching
surrender from Surplus BankSafety & operational posts can be created on 1:1
basis; Others 3:4 in Ratio.
![Page 21: Finance for Non-finance Officers. Non-finance Officer is a mis- nomer Every Officer is a finance officer Finance function is implicit and universal in](https://reader035.vdocuments.us/reader035/viewer/2022081504/5697c02d1a28abf838cd9929/html5/thumbnails/21.jpg)
Sanction Powers
Revenue Posts:Gazetted - Railway BoardNon-Gazetted - G.M.
Work-charged Posts - Creation/ Extension :
Above JAG : Railway Board
Upto JAG : G.M. or lower authorities as per delegation on the Railway
![Page 22: Finance for Non-finance Officers. Non-finance Officer is a mis- nomer Every Officer is a finance officer Finance function is implicit and universal in](https://reader035.vdocuments.us/reader035/viewer/2022081504/5697c02d1a28abf838cd9929/html5/thumbnails/22.jpg)
Creation of Work-charged posts No consultation with Finance necessary where
funds are allotted for specific projects/objectives, with break up of establishment charges post-wise and
other charges.
Within such financial limits, Departmental Officer can exercise their discretion to sanction the expenditure without consulting Finance.
In all other cases prior finance concurrence is necessary.
![Page 23: Finance for Non-finance Officers. Non-finance Officer is a mis- nomer Every Officer is a finance officer Finance function is implicit and universal in](https://reader035.vdocuments.us/reader035/viewer/2022081504/5697c02d1a28abf838cd9929/html5/thumbnails/23.jpg)
Thank You