Allocation of NSB Funds to Schools for Second Quarter FY 2021-22

Allocation of NSB Funds to Schools for Second Quarter FY 2021-22

Programme Monitoring & Implementation Unit.
Punjab Education Sector Reform Programme (PMIU-PESRP)
Link Wahdat Road, Near QAED, Lahore.
No. PMIU.PESRP/NSB/2020-21/ 24121 Dated January 06, 2022
Tel: 042.99260124-25

All Chief Executive Officers,
District Education Authority, and
All District Education Officers (Secondary).
Subject: Allocation of NSB Funds for Primary , Elementary, High and Higher
Secondary Schools for 2nd Quarter 2021-22
Please refer to the subject cited above.
2. Finance Department vide its letter No. SO (S) 8-16/2020 (Vol-II) dated 05 January 2022 has sanctioned to place NSB funds amounting to Rs. 3,5555 billion for 2nd quarter of FY 2021-22 in the Assan Assignment Account (LC) of Chief Executive Office, District Education Authority (DEA) in all 36 districts of Punjab for further disbursement to primary, elementary, high and higher secondary schools. List of School-Specific NSB entitlements for Primary, Elementary. High and Higher Secondary schools in your respective districts has already been emailed.
3. For further allocation and transfer of funds by districts to schools and execution of NSB funds by schools following guidelines are issued:

a. District Education Authorities are being provided with the school-specific need based NSB funds over and above their PFC share, as a conditional grant, which cannot be used for any other purpose.
b. The CEOs of DEAs are required to transfer the NSB funds immediately to the respective bank accounts of school councils as per their entitlements.
c. Chief Executive Officers, District Education Authorities are required to ensure that every School Council already has exclusive bank account for NSB funds. Head teacher and Co-chairperson of the school council will be the co-signatories of the NSB bank account. The school council NSB account can only be opened in the name of school.

d. District Education Authorities are requested to notify the entitlement list of Primary/Elementary/High/Higher Secondary schools as an Annexure of their respective district budget for FY 2021-22.
e. All NSB funds provided to schools shall be subject to audit by Auditor General of Pakistan.
4. NSB program is an important initiative of the Government of Punjab, CEOs (DEAs) are requested to immediately disburse NSB funds to respective schools and certificate of transfer of NSB funds should be submitted A PMIU-PESRP within two weeks. CEOs (DEA) are also advised to direct concerned Dy. DEOs and AEOs to ensure effective and efficient Monitoring and utilization of these funds.
Financial Management Specialist
I. P.S.O to Program Director, PMIU-PESRP.
ii. All District Accounts Officers.
iii. Treasury officer, Lahore.
iv. All District Monitoring Officers.

Respected Visitors:
Feel free to Contact us for Comments & Suggestions  or send us any NEWS or Notification about School Education Department Punjab via using Google Gmail Services on following ID.
Or Send us your comments via using Whatsapp web Services.
We also available on Social Media
at facebook( fb )
Also available on
Twitter ID: