Srinagar: The government on Wednesday directed all Administrative Secretaries, Head of Departments (HODs), Drawing and Disbursing officers (DDOs) and Treasury Officers to streamline the expenditure in various departments during the remaining period of the current fiscal.
Atal Dulloo, Financial commissioner, Additional Chief Secretary, Finance Department in this regard issued any order.
The order states that all Administrative Secretaries, HODs, DDOs and Treasury Officers are strictly advised to adhere to the guidelines to regulate the expenditure before the end of the current financial year.
The order states that the funds shall be drawn as per the actual demand and requirement of the department. Proposals for parking of funds in "Civil Deposit" in order to avoid lapsing of funds shall not be entertained and processed.
“The additional proposals involving new schemes and projects shall be avoided at this stage as the budget formulation exercise has been already completed. The expenditure shall be regulated in such a manner so as to ensure that all procedures are complied with and there is no irregular, infructuous or wasteful expenditure,” it reads.
With regards to expenditure, the official document reads as all the departments shall ensure uniform pace of expenditure during the financial year 2021-22. The overall ceiling of 30 percent expenditure shall be maintained during the last quarter of the Financial Year 2021-22. The expenditure during the last month of the current Financial Year 2021-22 shall be restricted to 15 percent of the budget allocation.
“The Treasury Officers shall strictly monitor and regulate expenditure at their level by following all the required provisions of GFR-2017 and instructions thereof issued by the Finance Department from time to time. Any lapse in this regard will result in appropriate disciplinary procedure against the concerned officers and officials,” it reads
It further states that all Administrative Secretaries shall effectively supervise and take necessary steps for implementation of standard measures outlined above. Director Finance (s) and FA & CAOs shall assist the respective Administrative Secretaries in securing the compliance to these measures outlined above and also submit a regular report to the Finance Department in case of any violation noticed thereof.
Be Part of Quality Journalism |
Quality journalism takes a lot of time, money and hard work to produce and despite all the hardships we still do it. Our reporters and editors are working overtime in Kashmir and beyond to cover what you care about, break big stories, and expose injustices that can change lives. Today more people are reading Kashmir Observer than ever, but only a handful are paying while advertising revenues are falling fast. |
| ACT NOW |
| MONTHLY | Rs 100 |  |
| YEARLY | Rs 1000 | |
| LIFETIME | Rs 10000 | |
