Review of authorized minimum and maximum cash balance of Branch Post
Offices.
Department of Posts, India
O/O the Chief Post Master General,
To,
The PMG Sambalpur/Berhampur Region.
All the SSPOs/SPOs in Hqrs Region.
No: SB/1-135/NREGS(A)/2009
Dated
at Bhubaneswar
Sub: Review of
authorized minimum and maximum cash balance of Branch Post Offices.
Sir,
This is regarding review of authorized minimum and maximum cash
balance of Branch Post Offices.
Presently, many schemes of Central and State Governments
liked Old age pension, MGNREGA etc are implemented through branch offices in
addition to money order payments and saving transaction. As a service
provider, availability of cash at branch post offices is of outmost important
to honour payments.
Due
to inadequate authorized minimum and maximum cash balances branch post offices
are unable to carry out this commitment efficiently and are opened found keeping
payments pending until funds from their account offices are received
The
information on review of financial arrangement of post
offices called for vide this office letter of even number dated
20.06.2012 reveals that4884 BOs are within minimum cash balance of Rs2500/-
where as 776 BOs are within Rs 2500/- – Rs 5000/-.
Member (planning) vide DO letter No.24-2/2012-PO Dated 16.07.2012 has directed to carry out
review of the authorized cash balances of all branch offices in the
Circle which should be completed by 31.08.2012, keeping in view the guidelines
/provisions contained in Rule-138 to 140 of Postal Manual Vol –VIII. A
report of the review indicating improvement in cash management of all Branch
Post Offices of the Division may be furnished in the proforma attached here
with so as to reach this office by 04.09.2012 for onward submission of
report to Directorate. The Divisions under Region may forward the report
to their respective ROs and the Region will send the consolidated report to CO.
Yours faithfully,
Sd/-
Asst. Director(FS)
For CPMG, Odisha.
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