Banking Branch

• Arrangement of Cash Credit Limit for the procurement of Paddy and wheat from the Central Govt./Reserve Bank of India.
• Arrangement of short term Loans to meet with the emergent requirement e.g. payment of gunny bales, payment to Food Corporation of India. under Above Poverty Line Scheme etc.
• All payments of Pungrain (Head Office) on the basis of sanctions issued by the Pungrain Branch.
• To maintain all accounts of receipts/ securities received from Distt. Offices, and as well as direct receipt from the Millers, Labour/ Transport contractors and any other contractors/firms etc.
• Release of securities to the Millers, Labour/ Transport contractors and any other contractors/ firms etc.
• Maintaining accounts of sale proceeds of Wheat & Rice.
• Maintaining Cash Book
• Depositing Guarantee Fees during Rabi & Kharif season.
• Filing quarterly return of PUNGRAIN
• Reconciliation of receipts from FCI
• Maintaining Fixed Deposits.
• Audit Paras

Budget & Fund Branch 

Functions

• Preparation of budget of Departmental establishment.
• Expenditure of establishment. Departmental receipts are reconciled with the Accountant General, Punjab.
• Allotment of budget to head office as well as field offices.
• Reconciliation of bonus with the Accountant General, Punjab.
• Scrutiny of accounts of levy sugar as received from PUNSUP.
• Compilation of medical bills of retirees.
• Preparation and issue of policy with regard to labour contract, transport contract.
• Scrutiny of tenders/rates according to the policy and issue sanction.

Manuals:

• Policy of Labour/Cartage and Transportations for the year -2013-14

Information regarding Budget & Expenditure