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SHAHEED BHAGAT SINGHCOLLEGE OF ENGINEERING AND TECHNOLOGY

MOGA ROAD, FEROZEPUR-152001

DRAFT ROCFF.[)INGS FOR PPROV~d_----Proceedings of n8 stn rneen ~l of the Finance comrntttee of Shaheed Bt1agat

Singh College of Engineering & Technology, Ferozepur held on May 15. 1998 at 11.30.'\.M. i!~the chamber of PSTEIIT, Mini Secretariat. Sector· 9, Chandigarh.

ollowing were present:

1 Mr.t\!.S.Rattan. 1.c..Sr='nncipal Se.cietaiY. Covt. of PV(IJ8bDeprt or Technical Education 8, industrial Trainrnq.

Chairman

!\,1r hJ ", K81,:>1. IASDu ector.T -,:.chnlcal Educattcn & lndustria: Traininq. Pb

fv1r Surjit Singh. Deputv D'rector(lAD)Reprpsentatlve of C)pcretary to (,ovt of Punjab,De~tt. of Fin3nce.'

Member

p'Of. R.L- BahlPrincipalC:h8he,?r1 ~~h~gat Sinqh C0i1ege (~f Engg ,0;. T<=>rnFerczepur

lViember

Mrs ::-il!shil f'upta I.ll, ~ , SpecI81 ::;ecretary was Cl special Invitee,Polr.V:nod Sharma Suodt. SBSCET Ferozepur attended the meeting In place. f~egist!·?r of th~ C,)l!eg<:>

With ihe perrrussron of the Chau Prof R.C Bahl Principal welcomed ihe membersto the fourth meeting of the Board of Governors. I he aqenda W8S drscussed oi'dfollOVVtngdecisions were taken

item Nv.5.1 Connrma i n of proce dings f tile fourth fir ting of Hie FinaiiCcommittee,

TI:€' pr0ceed!ngs 0f the fourth meeting of the Finance Committee held 0'1Oct 2'1,1 :097 ."'efe confirmed

Item r 0_ 5.2 To report action taken on the decisions of the fourth meeting of ttlj:!Finance Committee.

T he action on the decrsions taken In the fourth meetmq of the FinanceCommittee as reoorted bv the Pnncroal were noted

Item NO.5.-3 Re-appropriation of funds during the financial ye •.•r 1997-98

It was noted.

Further it IS placed on re ....o.d U l J sum of RS.2 36 lacs ':vas mcurred !.•.n- \lehICI",-;,repall aud rnau .tenance a~clllJst a provisron of Rs. 2.:5 lacs ill tit,="budget ot the year 1~97-88 It mctudes an amount of f..(s U.6Sl lac incurredon tile reoair of starf car ,·!hlch met with accident. A sum of Rs.01l:3 racs:."""' recovered frorn the staff on accc"Jni ()f trar.sportat.oo ch;::l'·g'."s(r"v'!~~J;;:E-J'3nI Ps.O 46 iac,; '.'f'(f9 received tC;''t'/3rJs msurancs cla.m for t~le CSf

["_'Ill ulllted Illuia iJ'SlJldllve Gu.ltJ., reluLepul.

R~qujrofil~nt of funds for the first quarter of the year 19qR-99

I+- , _ __ _ -.<!'o- ••!I' "'vo:::": r 1\,•..~t.vl.,..l.

'/VOltl,,! Cl1a!rrnan 8(hIISP':! ~/;I-S Sushi! '3upt? IAS special secretary In thed<=>pl+' .. prf'p~He a cQn1Pr!"~'''nC:;l\/edemand note re(Jalr!lng 1"118 req'Jiremer>tof funds :.....: the englneenrg colleqes at Ferozepur. Gurdascur cind Barhinca!.lJ vi~-:11 tiit-'ii tJlIl::'ldll,.-:il iy :1-:1)Jdlli~S <:'nJtt_J ,,,eel thei, ill" j ,.adiate urgentInfr~ ...c:,Jrl\r u~t n~-" I l.....__ ...• , ._-

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SHAHEED BHAGAT SINGHCOLLEGE OF ENGINEERING AND TECHNOLOGY

MOGA ROAD, FEROZEPUR-152001

Item No.5.5

ltern NO.5.S

Item NO.5.7

It -rn NO.5.S

'ten No.5.~

Implementation of the rccommenctaticns of the Fourth Punjab PayCorn m rssion.

Item was approved Further PST[fIT ~lCiJiS"?dthat matter reg8rfjing PromotionPOlicyl Assured C~I esr ProgressIon Sche: I ie an.I Other allowances shouldIJt- jj,,')dgt'it be~ore the FiiiC:if!(,C;COilliYlittee once the Punjab Govt announces

these for its employees.

A.pprova! for the r~te of !l1t,?rest paY<'lble on contributory provident tund

to the college em loyees.

!tem was approved and recommended to be placed before the Board of(:;ov~rnors for fin81 approval.

'vVorthyChairman advised the Principal to coiled information from theInvestment Cell of Department at Flnance\~'LlnJabi for Investment at CP Ffunds to earn more interest without added risk .The information rnav alsobe collected fr()I"r eIther f!r!enl:iei I invcc.trr,pnt ir]stitut'?s i e UTI, lGIGI 8tc toIncrease the earrunqs on the investment of CPF funds.

Approval for rule providing laboratory/other facilities to the studentsfrom outside institution.

The liem was appioveo

Interest booked to grar.t.in"aid on account non-receipt offunds

The Iterl! 'NdS approved.

Approval for the rate of Water s, Sewerage charges from the employeesof the college.

The matter was discussed and the totlowmo rates are approved w.e.f1-6-98 for call ctino water and sewerage charges from the co!legeemployees 85 per t',E' plinth area of the hOIJse:-

;3r.r,lo Plinth i:Hea of house Rates pel ITl.onth

'J..J.

4400 sq.ft.600 Sf! ft750 sq.ft.1000 sq.ft.1300 sq. ft.1800 sq.ft.Principal's House

RS.25 00Rs 30 00RS.35.00Rs.45.00Rs.SO.OORS.55.00Rs.60.QO

5."o.

78.9.

The rneeting ended with a vote of thanks to ihe Chair

/l~. (J;}..../£(~C.8ahl) 2--;:/:::-

Principal

PSTEilTiChairman of Finanace Committee

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SHAHEEI) BHAGAT SINGHCOLLEGE OF ENGINEERING AND TECHNOLOGY

, MOGA ROAD, FEROZEPUR-152001

Sub. Draft Proceedin s of Hie Fifth Meeting of the Finance commt tee held OM i5.5.98at 11.30 A.M.

tl. draft of the procaedmqs f the fifth meeting or the Finance Committee rs

submitted here {itb FI)r 'OUl Kinu pet usa! and approval please.

/l~. 0-..11.~..r

PRINCIPAL-I-

PSl: -liT&'HAIR~ilf>t\j, 1=1f\IAi\JCEcor\~MJTTEE

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