Latest Activity

Kanika sharma and Ankit Jaiswal are now friends
9 hours ago
Nagendra N updated their profile
Thursday
Pallavi Sushant Sapkal and S. Jaffer Basha are now friends
Monday
Dr. Divyanshu Gupta updated their profile
Mar 20
Nilesh and Dr. Badan Barman are now friends
Mar 19
Dr. Gulshan Kumar Sachdeva updated their profile
Mar 17
Dr. Gulshan Kumar Sachdeva and sandeep shukla are now friends
Mar 17
Devendra Parker joined Dr. Badan Barman's group
Mar 17
Manoj Kumar updated their profile
Mar 15
Ranjansen Shende updated their profile
Mar 15
Ku. Dipti Lodwal joined Dr. Badan Barman's group
Mar 13
Ku. Dipti Lodwal joined Dr. Badan Barman's group
Mar 13
Ku. Dipti Lodwal left a comment for Arun kumar Sirla
Mar 13
Ku. Dipti Lodwal left a comment for Vikrant Dubey
Mar 13
Ku. Dipti Lodwal posted a status
Mar 13
Ku. Dipti Lodwal commented on Ku. Dipti Lodwal's event 'Two Days International Seminar'
Mar 12
sangeeta sharma is attending Dr. Ashis Biswas's event
Mar 11
sangeeta sharma commented on Ku. Dipti Lodwal's event 'Two Days International Seminar'
Mar 11
sangeeta sharma updated their profile
Mar 11
sangeeta sharma is attending Ku. Dipti Lodwal's event
Thumbnail

Two Days International Seminar at Government Law College Ujjain (Madhya Pradesh)

March 28, 2026 at 10:30am to March 29, 2026 at 5:30pm
Mar 10

Dear All

In our college we verified entire stock for twice a year. I wanted to to about all things like "method of using, losing book rules, fundamental rules" about stock verification.

Where we get full details about Stock Verification in Engg. Colleges.

Narayana Murthy

GMRIT

Knowledge Resource Centre

Views: 1133

Reply to This

Replies to This Forum

Dear sir, In a search over the web I found the following details from different sources.

A quote from Govt. of India General Financial Rules:
Rule no. 116(2) (ii): "Loss of three volumes per one thousand volumes issued/consulted in a year may be taken as reasonable provided such loss can not be attributed to dishonesty or negligence on the part of Librarian. Loss of a book of the value exceeding Rs.200 (Rupees Two hundred) and the books of special nature and rarity shall invariably be investigated and consequential action taken. All such losses will however be written off only by a competent authority."

As per General Financial rules 2005 Govt. of India, loss of books up to 5 books per thousand books issued/consulted can be considered reasonable.

“Swamy's Handbook' Pg. 399 (1999 edition) under the heading "Special Procedure for Library Books".
Loss of 3 books/1000 issues cannot be attributed to dishonesty or negligence of the librarian.

The Directorate of the Technical education in the Letter No FAR/14353 Dated 31/12/1974 has stated that a conference of Librarians of the colleges in Karnataka University was held on May 8 1973. In this a resolution passed. It is recommended that a loss of 4 books for every 1000 books used (those which are lent out and those which are consulted in the premises of the library) be regarded normal loss and should be straight away writes off. Order No.FD 25 TCL 74: Bangalore, Dated 18/JUNE/1974 by order and in the name of the government of Karnataka.

The UGC (India) Library Committee forcefully recommends to write off an inevitable loss @ 2 for every 1000 books issued.

However in an open access library, annual loss of 3 volumes for every 1000 issues should be considered as a normal loss in normal circumstances as recommended by Dr. Ranganathan. REF: Mittal, R. L. Library Administration: Theory and Practice, Fifth ed., 1987, p357-359.

As per the General Financial rule (item no. 13in Appendix 21 of Madras Financial Code, Vol.II as amended in G.O.Ms.No.986 Finance dept. Dated 14.09.1976 stated that, Loss of 5 volumes per one thousand volumes of books issued/consulted in a year may be taken as reasonable loss. Maximum  Rs. 5000/= value of books can written off.  But no management colleges considered this norms.

Rajendran

Good reply from Zoya Ma'am... 

RSS

© 2026   Created by Dr. Badan Barman.   Powered by

Badges  |  Report an Issue  |  Terms of Service

LIS Links whatsApp