news details |
|
|
Govt for timely utilization of funds | Babus asked to fix responsibility | | Ishtiyaq Ahmad
Early Times Report
Srinagar, Mar 31 : As hundreds of crores of rupees get lapsed annually in the State due to administrative inertia, the government has directed departmental heads for all departments for timely utilization of funds and asked to fix the reasonability if funds remain unutilized. The Finance department under the directions of Governor N N Vohra has passed directions in view that very less developmental works take place in last quarter of the year due to non-utilization of funds and many remain unutilized. According to the directions passed by the state Finance department, "During the last quarter of the year the expenditure should be limited to 33 percent of budget allocation and in the month of March, the expenditure should be limited to 15 percent of the Budget Estimates." Further according to these directions, any department exceeding this limit will have to submit a detailed explanatory note to the Finance Department by April 10, 2016. Sources said government has also taken a strong note that many developmental works have got affected over the years for non-utilization of funds. "It had been seen most of the department were failing to spend budget allocation funds in the first quarter of the year and then they were also not able to utilize these funds in the last quarter of the year due to weather conditions and other reasons," a senior official of Finance Department said. He said government has asked the district development commissioners and HODs to fix the responsibility for developmental works which get affected due to non-utilization of funds. Official sources said these officials have been communicated to show positive results on the ground in implementation of various developmental schemes. They said the authorities have told these officials that their performance will be judged on the proper utilization of funds in various schemes and other developmental works. Further the directions have been passed where the administrative secretaries, DCs and HODs have been told that developmental works should be started with proper approval from Planning and Finance department to know the source of funds and the concerned officials will be held responsible if these works get affected for want of funding. Sources said the legislators and ministers have had been starting some developmental works without proper source of funding thus putting a huge burden on state exchequer. Many a times the officials divert funds from other projects to these developmental works resulting all works get affected. "Bureaucrats have been told to make proper guidance to legislators about the source of funds for developmental works," the official said. Most of the departmental heads have failed to prepare results framework document (RFD) for the past three years, while government has directed administrative secretaries to frame RFDs from 2016-2017 for evaluation of their performances. The departmental heads have been warned of taking action against them if they fail to prepare RFDs from the next financial year to evaluate their performances and to ensure transparency in running the departments. The state government launched RFD in December 2012 which was aimed to judge the performance of departments and to bring transparency in the functioning of the government. |
|
|
|
|
|
|
|
|
|
|
|
|
 |
|
|
|
STOCK UPDATE |
|
|
|
BSE
Sensex |
 |
NSE
Nifty |
|
|
|
CRICKET UPDATE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|