Government of India
Ministry of Finance
Department of Expenditure
Chief Adviser Cost
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Message from Chief Adviser(Cost) on ICoAS Day 2020 OM Extension of Timelines for submission of APAR for the year 2019-2020
WELCOME TO THE WEBSITE OF OFFICE OF CHIEF ADVISER COST
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RIGHT TO INFORMATION ACT, 2005
 

The Right to Information Act is aimed to promote openness, transparency and accountability in Administration. The details about Office of Chief Adviser Cost are as follows:-

 
  1. Office of Chief Adviser Cost  
 

          . O/o Chief Adviser Cost is rendering advice to the Central Government Ministries/Departments/ Organizations on complex Price/Cost related issues and financial matters which covers a wide spectrum of sectors/areas. O/o CAC is currently engaged in the following major thrust areas :

          . Vetting of claims under Price Support Scheme, Market Intervention Scheme and Price Stabilisation Fund for Perishable Agriculture produce and Cereals submitted by Implementing Agencies and State Governments..

          . Determination /fixation of fair prices of the products and services supplied/rendered by PSUs to the Government. To name a few : Rails by SAIL, Traction Electric by BHEL, Bank Notes and Coins by SPMCIL Uranium Concentrate by UCIL, Nuclear Grade Ammonium Diuranate by IREL, Tear Smoke Munitions, Tear Gas Gun, Multi Barrel Launcher by BSF, Storage charges payable by FCI to CWC, cost analysis of different procedures & test undertaken by Hospital (Sree Chitra Tirunal Institute for Medical Sciences and Technology) etc.

          . Subsidy payable to Northern Railway for Catering Units functioning in Parliament House and PMO.

          . Representing in Revised Cost Committee of the various Ministries and Departments to identify the specific reasons behind time and cost overrun of projects and schemes.

          . Participating in EFC/PIB and other Inter-Ministerial Committees

          . Examination of cost estimates, evaluation of the financial feasibility and other financial parameters of the High value Infrastructural Projects like Rail, Highways, Power, Education Sector etc. referred by DoE.

          . ICoAS Cadre Management and related administrative issues - it broadly encompasses Recruitment, Posting/Transfer, Promotions and Training requirements of ICoAS Officers.

  2. Powers and Duties if Officers & Employees of CAC  
 

a)          As per allocation of Business Rules, 1961:

                     "To advice Ministries and Government Undertakings on Cost Accounts Matters and attending to cost investigation work on their behalf"

b)          The major areas of professional functions of the Chief Adviser Cost are as under:

1.   Advising Central Government Ministries/ Departments/Organizations on Price/Cost related issues, in fixing fair prices for various services/products on reference basis.

2.   Examination/Verification/Vetting of claims between Government Departments/Public Sector undertakings and suppliers arising out of purchase contracts.

3.   Unit specific as well as industry level studies for determining cost and to determine reasonableness of prices charged/ fair prices and making recommendations for fair prices/rates for products and user charges for services, revision of these charges etc.

4.   Functioning as Chairman/Members of Committees constituted by Government and different Departments related to Cost/ Financial and Pricing matters.

5.   Subsidy determination and verification of claims.

6.   Cost Accounting System for departmental undertakings/Autonomous bodies.

7.   Time and Cost Overrun of major projects.

8.   Members in various Revised Cost Committee (RCC) for Projects/Schemes in different Ministries/Departments.

9.   Cadre Management of Indian Cost Accounts Service.

 
  3. The Procedure followed in decision making process  
 

          Functions of Office of Chief Adviser Cost are advisory in nature. Duties include cost/price studies and expert advice thereon, on receipt of references from various Ministries/Departments. The duties are discharged by carrying out field visits, in-depth examination and analysis of cost data etc. and thereafter, the reports/recommendations are sent to the wherever required respective Ministries/ Departments. Being a recommendatory body, it is for the concerned Ministries to take decision on the recommendations of the Office of Chief Adviser Cost.

 
  4. The norms for the discharge of its functions  
 

          Generally Accepted Accounting Principles, Accounting Standards, Cost Accounting Standards and prevalent statutory laws are adhered to in arriving at cost/price of product/service. Further, In order to bring transparency concerned organizations are involved as required during the course of study.

  5. The Rules, Regulations, Manuals and records, held by the Office of Chief Adviser Cost or under its control  
 

          Office of Chief Adviser Cost follows the rules, regulation, instructions etc, issued by DOP&T from time to time in service matters. Recommendations/Suggestions made by Office of Chief Adviser Cost are within the framework of instructions/guidelines issued by the Government from time to time.

  6. Statement of Categories of documents that are held by the Office of Chief Adviser Cost  
 

          The documents/ reports held are confidential in nature inrespect of the studies carried out by the Office of Chief Adviser Cost, on behalf of Ministries/Departments.

  7. Particulars of any arrangement that exists for consultation with or representation by the members of public in relation to formulation of its policy or its implementation  
 

          Since, the studies referred by Ministry/Department are dealt with, representation by the members of public is at the concerned Ministry level.

  8. Boards, Councils, Committees and other consisting of two or more persons constituted as its part or for the purpose of its advice, and as to whether meeting of those boards, councils, committees and other bodies are open to public, or the minutes of such meetings are accessible to public.  
 
             Not Applicable
 
  9. Directory of Officers & Employees  
 
 
S.No. Full Name Designation Telephone No. Email Id
1. P K Aggarwal Chief Adviser (Cost) 24698522 pkaggarwal[dot]icoas[at]nic[dot]in
2. Smt.Rachna Chopra Addl. Chief Adviser (Cost) 24693749 rachnachopra[dot]icoas[at]nic[dot]in
3. Shri I P Singh Addl. Chief Adviser (Cost) 24618913 advcost-doc[at]nic[dot]in
4. Shri A K Saha Advisor (Cost) 24617015 aksaha61[at]nic[dot]in
5. Shri Jayabrata Bose Advisor (Cost) 24644893 jayabratabose[dot]icoas[at]nic[dot]in
6. Shri Amardeep Singh Director (Cost) 24698640 amaradeep[dot]icoas[at]nic[dot]in
7. Shri Pankaj Gupta Director (Cost) 24698435 gupta[dot]pankaj[at]nic[dot]in
8. Shri Rajesh Yadav Director (Cost) 24694021 rajeshyadav[dot]icoas[at]nic[dot]in
9. Shri Vikas Mathur Joint Director (Cost) 24653487 vikasmathur[dot]icoas[at]nic[dot]in
10. Shri Shyam Sundar Aggarwal Joint Director (Cost) - ssagarwal[dot]icoas[at]nic[dot]in
11. Shri Manoj Kumar Singh Joint Director (Cost) - manoj[dot]singh[at]nic[dot]in
12. Shri Inderjit Singh Deputy Director (Cost) 24692541 singh[dot]ij[at]nic[dot]in
13. Shri Kartik Agarwal Asst. Director (Cost) 24692541 fca[dot]kartik[at]gov[dot]in
14. Ms. R. Kalyansundari Asst. Director (Cost) 24692541 ma[dot]kalyansundari[at]gov[dot]in
15. Shri Manoj Kumar Asst. Director (Cost) -- ca[dot]manoj[at]gov[dot]in
 
  Administration  
 
16. Sh. Mahesh Chandra Sharma Section Officer 24693895  
17. Shri Ajay Kumar Koli ASO 24693895  
18. Ms. Joute Laltinkim ASO 24693895  
19. Sh. K R Raushan ASO 24693895  
 
  Personal Staff  
 
20. Shri A K Gaur Sr. PPS to CAC 24698522  
21. Shri GUrubaksh S. Kapoor PS to CAc 24698522  
22. Ms. T Sudha Rani PS To Adv -  
23. Sh. Subhash Chand P.S to Advisor(JB) 24644893  
24. Shri Somdutt Steno-D to ACAC(IPS) -  
27. Ms. Sunita Bharti PPS to ACAC(RC) 24693749  
 
  10. Monthly remuneration received of Officers & Employees  
 
            The scales of pay in respect of various officers are as follows:-
 
 
S.No. Name of Post Sanctioned Strength Existing Strength Level Scale of Pay
1. Chief Adviser(Cost) 1 1 17 Rs.225000
2. Addl Chief Adviser(Cost) 2 2 16 Rs.205400 - 224400
3. Principal Adviser (Cost) 0 0 15 Rs.182200 - 224100
4. Adviser(Cost) 3 2 14 Rs.144200 - 218200
5. Director(Cost)/
Joint Director(Cost)
5 3 13/12 Rs.123100 - 215900/
Rs.78800 - 209200
6. Deputy Director(Cost) 7 4 11 Rs.67700 - 208700
7. Assistant Director(Cost) 7 4 10 Rs.56100 - 177500
8. Section Officer 1 1 9 Rs.53100 - 167800
9. PPS 1 1 11 Rs.67700 - 208700
10. Private Secretary 3 3 8 Rs.47600 - 151100
11. ASO 3 2 7 Rs.44900 - 142400
12. PA 7 0 7 Rs.44900 - 142400
13. Steno-D 4 1 4 Rs.25500 - 81100
14. UDC 2 1 4 Rs.25500 - 81100
15. LDC 1 0 2 Rs.19900 - 63200
16. SCD 1 0 5 Rs.29200 - 92300
17. Draftary/MTS 7 1 3 Rs.21700 - 69100
 
  Total 54 26  
 
  11. Budget Allocation  
 
            Head Wise Break-up of CAC Budget  
 
 
S.No. MAJOR HEADS/
SUB HEADS
BE 2019-20
(Rs. in Thousands)
FR 2019-20
(Rs. in Thousands)
BE 2020-21
(Rs. in Thousands)
1. SALARIES 47000 50120 48000
2. WAGES 0 0 --
3. MEDICAL TREATMENT 500 500 700
4. DOMESTIC TRAVEL EXPENSES 770 7700 1000
5. FOREIGN TRAVEL EXPENSES 300 100 500
6. OFFICE EXPENSES 5500 6000 6000
7. OTHER ADMIN EXPENSES 7500 7000 10000
8. PROFESSIONAL SERVICES/
OVERTIME ALLOWANCE
0/0 0/0 0/0
9. SWACHHTA PLAN 800 800 800
10. INFORMATION TECHNOLOGY 230 500 700
         
  TOTAL 62600 65790 67700
 
  12. Execution of subsidy programmes, including the amount allocated and details of beneficiaries of such programmes  
 
            Nil  
 
  13. Particulars of recipient of Concessions, permits for Authorization granted  
 
            Not Applicable  
 
  14. Information held by the office in electronic form  
 
            Annual Reports, Recruitment Rules, Executive Record Sheets, Immovable Property Returns.  
 
  15. Facilities available to citizens for obtaining information  
 
            All information relating to working of Office of Chief Adviser Cost are available on the web site www.cac.gov.in  
 
  16. Name, Designation and other particulars of Public Information Officer & Appellate Authority  
 
 
Public Information Officer
 
Name
Designation
Address


Tel Nos.
:-
:-
:-


:-
Inderjit Singh
Deputy Director (Cost)
Office of Chief Adviser Cost
2nd Floor, 'C' Wing, Lok Nayak Bhawan,
Khan Market, New Delhi - 110003.
011-24653487
 
First Appellate Authority
 
Name
Designation
Address


Tel Nos.
:-
:-
:-


:-
Pankaj Gupta
Director (Cost)
Office of Chief Adviser Cost
2nd Floor, 'C' Wing, Lok Nayak Bhawan,
Khan Market, New Delhi - 110003.
011-24698435
 
 
  17. Such other information as may be prescribed:  
 
            NIL