PRINT / PDF / EMAIL OPTION

Dear Readers, 

Now you can take Print or PDF or Email the material in this Blog.  Please enjoy.  Please click the image which is available on TOP RIGHT side.

RRSK – Rashtriya Rail Sanraksha Kosh

RRSK – Rashtriya Rail Sanraksha Kosh

·         Dedicated fund for Railway Safety.

·         Established in the year 2017-18 (announced in Budget speech of 2017-18)

·         Based on the recommendations of High Level Safety Review Committee, 2012 headed by Shri Anil Kakodkar, former chairman of Atomic Energy Commission.

·         Period – Five years

·         Fund proposed – Rs.1,00,000 Crores (i.e., Rs.20,000 Crores for every year)

·         Rs.20,000Crores for this year i.e., 2017-18 is proposed to be funded as follows.

Central Road Fund	Rs.10,000 Crores	So far, the amount goes to SRF.
Ministry of Finance	Rs.5,000 Crores	Promised
Railway Internal Resources	Rs.1,000 Crores	(from Budget document 2017-18)
By collecting Cess on fares ( proposed)	Rs.4,000 Crores
Total	Rs.20,000 Crores	For FY 2017-18

·         Objects: 1 ) Strengthen the safety measures on the Rail Network to prevent accidents in order to accomplish the “ZERO ACCIDENT MISSION”

·         Unique feature of this Fund is Non-lapsable .  That means the grant allotted for this Fund is not lapsed with the completion of financial year.

·         Works falling under this Fund category: -

1.       Track renewals &upgradation

2.       Bridge rehabilitation

3.       Elimination of LC gates on BG routes by 2022  

4.   Construction of ROBs/RUBs     

5.       Replacement & Improvement of Signaling system.

6.       Improvement & up gradation of Rolling Stock.

7.       Replacement of Electrical assets

8.       HRD – Human Resources Development.

·         Likely probability:

 SRF – Special Railway Safety Fund may be merged with the above Fund.  This conclusion arrived based on the two factors.  1) CRF – Central Road Fund – so far it is a source of finance for existing RSF – Railway Safety Fund.  Now it is going to be credited to new Fund that is NRSF or RRSK.  2 ) LC Gates (Plan Head 2900) and ROBs/RUBs (Plan Head 3000) so far met from the existing fund RSF.  Now these two objects are included in the proposed new Fund NRSF or RRSK.  Don’t come to any conclusion. Let’s wait and see for further guidelines from Railway Board.

!@#$%%$#@!

Test Balance Sheet

Test Balance Sheet

2016 Station Accounts without books -5 marks

·         Prepared in the Proforma Appendix XIII/Commercial Manual.

·         The TIAs should prepare Test Balance Sheet in respect of both coaching and goods traffic ( at the time of Inspection of Stations) and submit to the Accounts Officer along with their inspection reports.

·         Debit Side :  1) Closing Balance of previous month 2) The 'To-pay' way-bills for parcels and Motor cars eetc received during the current month to date 3) Any special items

·         Credit Side: 1) The collections on account of inward parcels and motor-cars, etc 2) any special credits 3) the outstanding on date.

·         The test balance for the closing period of the month should be made as soon as the returns are closed.

·         The outstanding being detailed on the reverse of the Balance sheet.

&&&&

Traffic Cash Witness

Traffic Cash Witness     

2016 Station Accounts without books -5 marks

·         From Traffic (Commercial) dept

·         Deputed to witness all operations connected with the remittances from the time the cash safes are made over to Cashier or his representative till the cash has been counted.

·         required to protect the interests of Station staff

·         They should not assist the work of counting the cash, except to help the station staff in case of discrepancy.

·         Sign the counterfoils of the CR Notes (Cash Remittance Notes) received with the Station earnings.

·         See that the entries of CR Notes are correctly made in the Cash Office Records ( Traffic Cash Check Sheet)

·         The cash safes should be opened one at a time personally by the Traffic Cash Witness, Cash office representative and RPF/GRP.  Locks and Seals of all the Safes to be examined.

·         Register of cash bags (A-917) - maintained by both Cash office and Cash Witness. All bags bring out from the Cash Safes are entered in that Register duly read out Station Name and painted number.

·         After all the columns in the Register of Bags are filled and signed by Cash witness, Cash office representative & RPF/GPF.

·         The next cash safe should not be opened until this procedure has been completed in respect of the cash safe in hand.

·         Any discrepancies should be brought to the notice of Commercial and Accounts officers for further investigations. But short receipt of cash bags are immediately informed to DRM, Chief Cashier, Traffic Accounts officer along with concerned Station.

·         Till the last moment i.e., counting, checking of empty bags (for any left over cash) etc, Traffic Cash witness should be present.

·         To avoid the above lengthy procedure and laborious manual work involved, the Railways are already moving towards Doorstep banking.

*****

Latest development in Appendix 3 exam

"There is no provision of re-evaluation/re-assessment in Appendix-III Examination . Rechecks of  totals of marks and arithmetic mistake are permissible only".

Changes in Appendix-3 of Indian Railway Establishment Manual, Volume – I(Revised Edition 1989)

GOVERNMENT OF INDIA

MINISTRY OF RAILWAYS

(RAILWAY BOARD)

No.A(E)/A3/2018/10/2

RBA No. 52/2018

New delhi, dt. 22.05.2018

Gerneral Managers/PFAs

All Indian Railways and PUs etc.

Sub: Changes in Appendix-3 of Indian Railway Establishment Manual, Volume– I(Revised Edition 1989)

Advanced correction Slip No. 244 Regarding addition in the Appendix – 3 of Indian Railway Establishment Manual, Volume-I (Revised Edition 1989) is enclosed herewith.

Kindly acknowledge the receipt.

DA: As above

(G. Kabui)

Director Finance(CCA),

Railway Board

O-O-O-O

Advance Correction Slip No.244 Indian Railway Establishment, Volume – I(Revised Edition 1989)

The following new para, namely 14 may be inserted at the end of Appendix-III

There is no provision of re-evaluation/re-assessment in Appendix-III Examination . Rechecks of  totals of marks and arithmetic mistake are permissible only.

(Authority Board’s Letter No. No.A(E)/A3/2018/10/2 dated 22/05/2018.)