Jammu Kashmir government directed State Autonomous Bodies (SABs) to furnish details and clear pendency for smooth implementation of National Pension System.
Through a circular issued by MY Pandith, director general accounts and treasuries, finance department to the heads of SABs informed about process of National Securities Depository Limited (NDSL) e-Governance infrastructure Limited, Mumbai, which is regularly providing the monthly status update on implementation of National Pension System in State Autonomous Bodies (SABs) of Jammu & Kashmir.
It said that through latest communication received on August 8, NDSL e-Governance pointed out some flaws in implementation by some SABs.
NSDL informed that service charges amounting to Rs 2,27,921 are awaiting clearance from 21 SABs. It also said that SABs namely Additional Provident Fund Commissioner, Kashmir and J&K Academy of Art Culture & Languages, Srinagar need to upload contributions regularly in a time bound manner.
It pointed out that against 3246 PRANs associated with SABs out of which 117 PRANs have not received a single credit (Regular or Arrear) since the PRAN generation.
There is also pendency of withdrawal claims due to awaited action by the SABs and certain grievances are pending with J&K State Power Development Corporation. Reconciliation required to be made of NPS transactions under Error Rectification Module (ERM).
“In view of the observations/ concerns raised by the NSDL eGovernance Infrastructure Limited, all the Controlling Officers of State Autonomous Bodies (SABs) concerned (as given in Annexure to this Circular) are requested to immediately ask the concerned to address the issues under intimation to this office as well as NSDL,” circular reads.