Government of India
Ministry of Finance
Department of Expenditure
Chief Adviser Cost
For Hindi
Message from CAC on ICoAS Day 2021
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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.

  • 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.

  • Time and Cost Overrun of major projects.

  • 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.