Friday, May 31, 2024

DCRG - Death Cum Retirement Gratuity

DCRG - Death Cum Retirement Gratuity

> With effect from 1st January 2024 .

> Maximum DCRG - Death cum Retirement Gratuity - Rs. 25 Lakhs (from Rs. 20 Lakhs)

(Due to increasing of DA - Dearness Allowance from 46% to 50%)

Wednesday, May 29, 2024

DF divides into 4 parts – I, II, III & IV - P L U S

Debits: Source of Finance- First 2 numerals in Capital Classification PLUS

Image	Part	First 2 numerals in Capital classification	Description PLUS	Examples
	I	23	Passenger Amenities and Other Railway Users Amenities	Water supply at Stations, waiting halls, refreshment rooms, retiring rooms, wash rooms, provision of fans in existing coaches, PRS, Public announcements etc. Facilities in Goods sheds, Parcel offices such water facility, waiting room etc
	II	33	Labour Welfare works	Provision of New Hospitals, dispensaries, Schools, Railway Institutes, Recreation rooms, sports facilities, clubs, staff canteens, rest rooms, water supply, sanitation in Railway colonies, Railway quarters for Non Gazetted staff.
	III	43	Unremunerative works (improvement of operational efficiency)	Improvement of water supply at Stations for loco traffic purpose, removal of infringements, converting dead end sidings into through loops, additional loops at stations, electric lighting at sheds / stations, improvement in signaling facilities, Provision of guard rails on Major bridges, telecommunication works, remodeling of stations yards, workshops, shed, store depots, provision of running rooms, rest houses for officers and subordinates, firefighting arrangement at stations, washable aprons on passenger platform lines, approach roads to stations.
	IV	53	Safety works	All Safety works other than LC Gates / ROBs/RUBs

Credits to DF:

Amount appropriated from Railway Surplus
The cost at debit of DF of an Asset which is abandoned without being replaced
Interest earned on the balance of the DF

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Strategic Lines

Railway Accounts further classified into 1. Commercial Lines 2. Strategic Lines

· At present, Strategic lines exist in 4 Zonal Railways. They are NR, NFR, NWR & WR

Major Heads between Commercial Lines & Strategic Lines

· Definition of Strategic: Relating to the gaining of overall or long-term military advantage.

· Strategic Lines: Generally constructed for military-strategic purposes, opposed to the usual utility of Commercial lines for civilian purposes.

· To declare the Railway Line as a Strategic one, the approval of the Defence Ministry is required.

· Engineering Code Chapter 18 - Miscellaneous Works - Works required for Defence Purposes - deals with the Strategic Lines.

· Defence works: Divided between Railway Estimates & Defence Estimates.

· Railway Estimates bears:

· The entire expenditure of Defence Works carried out on the Strategic line will be borne by the Railways.

· Defence Estimates bears:

· . The cost of construction of troop sidings, platforms etc., including the signaling arrangements required in the event of the siding or platform taking off from the main line beyond the limits of station yard.

· The cost of land acquired for troop sidings, platforms, etc., if the railway Administration does not choose to acquire it for its own purpose;

· The interest and maintenance charges on Railway's share of the cost in respect of Defence works executed by Railways on behalf of Defence services.

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Sunday, May 19, 2024

Bookkeeping - Accountancy - MCQ Test for Appendix3 /Appendix2 Exam

MCQ Test on Bookkeeping for Appendix2 / appendix3 Exam. Please attempt and check your score with the help of Key

Bookkeeping MCQ Test 30

Key for Bookkeeping MCQ Test 30

Sunday, May 12, 2024

Budget - MCQ 50 with explanations

Budget - MCQ 50 with explanations

Friday, May 10, 2024

RSP - Road Safety Projects - PH 30 - ROB / RUB - New Vertical

Authority: Railway Board Letter No. 2024/CE-IV/ROB-RUB/SCR, WR, ECR & NR dated 07.05.2024

Object of New Vertical: Execution of ROBs/ RUBs has not kept pace with the pace of new sanctions being given.

New Vertical - CAO/Con/RSP - Exclusively for Road Safety Projects - for Road Crossing Works i.e., PH 29 - Level Crossings and PH 30 - ROB / RUB

RSP stands for Road Safety Projects (RSP also Rolling Stock Programme)

Salient features of RSP:

RSP vertical - headed by CAO/Con/RSP who is in HAG - Higher Administrative Grade

Assisted by SAG/Engineering Dept, other officers and staff

Reporting directly to GM

Associated Finance: FA&CAO/Con

GC - General Consultant: engaged by CAO/Con/RSP for holistic planning of RSP works incl: Feasibility studies (new name for Surveys), DPR preparation, Sanction of Work, detailed structural design, detailed estimate & engagement of PSSA/PMS/PMC

EPC / Hybrid mode EPC / BOQ based Contracts - for execution of RSP

Nodal Directorate for RSP : Bridge Directorate in Railway Board

CAO/Con/RSP: Execution in-charge of RSP

CAO/Con/RSP & his Officers will exercise the powers of Construction organisation as per MSOP (in respect of all Technical, Financial, Contractual & Personnel matters)

PCE: Monitoring and overall coordination for RSP

Key points of RSP:

RSP - New Vertical for PH 30 - ROB / RUB
RSP headed by HAG Officer (of Engineering Dept)
Reporting directly to GM
Associated Finance: FA&CAO/Con
Nodal Directorate: Bridge Directorate (in Railway Board)
PCE: Overall coordination of RSP

Abbreviations:

RSP - Road Safety Works
RSP - Rolling Stock Programme
ROB - Road Over Bridge
RUB - Road Under Bridge
CAO - Chief Administrative Officer (HAG rank)
HAG - Higher Administrative Grade (PHOD rank)
PHOD - Principal Head Of Department (HAG rank)
PCE - Principal Chief Engineer (HAG rank/PHOD)
SAG - Senior Administrative Grade
GC - General Consultant
DPR - Detailed Project Report
PSSA - Project Supervision Services Agency
PMS - Project Management System
PMC - Project Management Consultancy
EPC - Engineering Procurement & Construction
BOQ - Bill Of Quantities
MSOP - Model Schedule Of Powers

Railway Accounts Department Examinations