Welfare Fund Manual-2012 - Central Industrial Security Force

5. SOURCES OF INCOME / FUND
The fund shall be constituted from and supported by :-
(i) The fund will be constituted by merger of Atta chakki fund , Cinema fund,
Band fund, Mandir fund, Mosque fund, Gurdwara fund, Vegetable farm
fund, PCO fund , Gas agency fund , Garden fund, Grocery shop fund,
Poultry fund , Kitchen garden fund, Community hall fund, Cable TV/Video
fund, Tailoring fund, Barat Ghar fund, Nursery school fund, Family welfare
center fund, Computer fund, Beauty parlour fund and any other fund
maintained by the units. No separate fund will be opened without the
permission of DG/CISF.
(ii) Donations and grants from the Central or State Governments or other
Government and quasi Government bodies including public undertakings.
(iii) Voluntary contributions and donations from private persons or bodies
provided that such contributions or donations will be accepted only with the
approval of the Director General / Sector IsG if the amount is more than
Rs.1,000/-
(iv) Interest on fixed deposits and other investments in Bank/ Postal Accounts.
(v) Profit gained from sales proceedings of items, hire/rental charges etc.
6. ADMINISTRATION OF UNIT REGIMENTAL FUND
(1) The fund shall be administrated by a Managing Committee consisting of:-
(a) President - Head of the office/ Unit/ Trg. Inst./Res.Bns.
(Whatever be approved designation)
(b) Vice-
President
- Second - in- command.
(c) Secretary/ - Gazetted officer (Incharge of Welfare Fund). If
Manager GOs are not available, Inspector/ Sub-
(d) Treasurer
Inspector may be nominated.
- Asstt. Comdt/ Inspector/ Sub- Insp. Incharge
(Welfare)
(e) Line - One Gazetted Officer as President and two
Committee subordinate officers as members.
(f) Member - One from each other ranks.
(2) The committee will meet once in a month to transact the following business:-
(a) Review the working of the Fund;
(b) Fix the rates / profit on sales of items etc.
(c) Allocate / invest fund to the unit Welfare Funds.
(d) Review sports / welfare activities to be financed from out of the fund.
(e) Write off of losses, or irrecoverable items / funds, if any.
(f) Review of Income and Expenditure accounts and Balance Sheet of
the fund.
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