Library Physical Verification (Stock Verification)

The physical verification of the Libraries may only be done in accordance with the General Financial Rules 2005 Rule 194, Govt of India or as per organization norms. The organization norms for the physical verification of the Libraries must be in light of the GFR Rules 2005.


Loss of five volumes per one thousand volumes of books issued/consulted in a year may be taken as reasonable provided such losses are not attributable to dishonesty or negligence (GFR 2005; Rule 194 (ii).

http://finmin.nic.in/the_ministry/dept_expenditure/gfrs/GFR2005.pdf