Finance Deptt rolls out guidelines on expenditure reforms

As per the guidelines, the funds would be drawn as per the actual demand or requirement.
Finance Deptt rolls out guidelines on expenditure reforms
File Photo of Financial Commissioner, (Additional Chief Secretary), Finance department Atal Dulloo

Jammu: J&K Finance department on Wednesday rolled out guidelines in order to streamline and regulate the expenditure in government departments during the remaining period of current Financial Year 2021-22.

Financial Commissioner, (Additional Chief Secretary), Finance department Atal Dulloo has asked all the Administrative Secretaries, Head of Departments, DDOs and Treasury Officers to strictly adhere to these guidelines.

As per the guidelines, the funds would be drawn as per the actual demand or requirement. The proposals for parking of funds in "Civil Deposit" in order to avoid lapsing of funds would not be entertained and processed, he cautioned.

“The additionality proposals involving new schemes or 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,” he directed in a circular.

Dulloo ordered that all departments would ensure uniform pace of expenditure during the financial year 2021-22. The overall ceiling of 30 percent expenditure would 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 would 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 or officials,” he warned.

He asked all the Administrative Secretaries to effectively supervise and take necessary steps for implementation of standard measures outlined. Director Finance(s) or FA&CAOs would assist the respective Administrative Secretaries in securing the compliance to these measures and also submit a regular report to the Finance department in case of any violation noticed thereof, it was ordered.

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