Staff Benefit Fund Utilisation of funds and drawal of Additional allocation for 2009

Railway Board Letter No
E[W]2008/FU-1/2 dated 19.02.2009
Date
RBE No
40/2009
Circular Subject
Staff Benefit Fund – Utilisation of funds and drawal of Additional allocation – reg
Ref
This office letter of even number dated 05.11.08

1.            NFIR have requested that since orders regarding adhoc additional contribution to Staff Benefit Fund for the year 2008-09 were issued vide letter dated  05.11.2008 ibid, the Zonal Railways etc. may be permitted to utilize the allocation beyond 31st March 2009.

 

2.         As per extant practice, the unutilised funds under Staff Benefit Fund are carried forward to the following financial year though Railways should plan expenditure for utilising the funds in the year of allocation itself.  However, considering the possibility that there may not be adequate time to utilise the additional adhoc allocation of Rs.315/- per capita under SBF in the current year as instructions providing the additional adhoc contribution in this regard were issued on 05.11.2008, it has been decided by the Board that the  Zonal Railways/ PUs etc. may utilize these funds till 2009-10.

 

3.         It is also clarified that the additional adhoc allotment of Rs.10/- per capita sanctioned for “Scouts Activities” under the said orders may also be drawn by the Zonal Railways, PUs etc. and utilised by the respective Scouts and Guides Associations for augmenting  infrastructural facilities, viz. training, etc.

 

4.         This issues with the concurrence of the Finance Directorate of the Ministry of Railways.