‘Enforce financial code for fiscal discipline’

GK NEWS NETWORK

Srinagar, July 25: Director General, Accounts & Treasuries Wali Muhammad Bhat has stressed for strict enforcement of financial code to bring perfect fiscal discipline at the grass root level.
 He said this while addressing meetings and training workshops with officials of Accounts and Treasury and other district offices during his 3-day tour of Leh and Kargil districts.
 The Director General impressed upon the officers to maintain account books strictly in accordance with laid down codal procedures.
 He asked them to be punctilious while incurring expenditure and forbade creation of liabilities at the cost of public exchequer, an official statement said.
 Bhat conveyed the concern of  Comptroller and Auditor General of India (CAG) over non- rendition of DRC accounts. He said CAG has also shown concern on non- compilation of accounts by the Hill Development Council of Leh and Kargil and directed DDOs and HoDs to compile the accounts on priority.
 The Director General on the request of DDCs of Leh and Kargil assured that cash requirement for development programmes will be met regularly to ensure continuity in the development activities in Ladakh region.
 Both the Deputy Commissioners of Leh and Kargil thanked the Director General for organising training workshops, which they said will be of great help in efficient fiscal management. They also praised him for clarifying some ticklish accounts concepts.

Lastupdate on : Mon, 25 Jul 2011 21:30:00 Makkah time
Lastupdate on : Mon, 25 Jul 2011 18:30:00 GMT
Lastupdate on : Tue, 26 Jul 2011 00:00:00 IST



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