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Fiscal end: Officials to face action for lapse of funds 2/14/2019 11:27:12 PM Ishtiyaq Ahmad Early Times Report Srinagar, Feb 14: With fiscal year 2018-2019 nearing to an end, officials responsible for lapse of funds are set to face action. Crores of funds get lapsed annually in the state due to non-utilization of funds in a scheduled time and now the departmental heads have been directed for timely utilization of funds and asked to fix the responsibility if funds were allowed to lapse. "Directions have been passed to departments to ensure timely utilization of funds as less developmental works take place in last quarter of the year due to non-utilization of funds and many remain unutilized," an official of the Finance Department said. "Governor-led administration has taken a strong note of lapse of funds over the past several years. Officials have been told they will face the action if there is lapse of any funds once the fiscal year is end," the official said. The Rural Development Department has cautioned the officials against slackness and urged them to use the funds in time. "Any laxity in this behalf shall be personal responsibility of the concerned implementing agency, which shall be noted forthwith for strict compliance," the official quoting an order. The departments have also been told that developmental works should be started with proper approval from Planning and Finance Department to know the source of funds. "The concerned officials will be held responsible if these works get affected for want of funding," an official of the General Administration Department said. The departments have also been directed to submit monthly progress report. Government has failed to evaluate performance of their departments on the basis of timeline completion of targets, outcomes of the schemes, priorities fixed, quality of work done, and status of benefits of projects. This is because departments are not submitting their performance report to the government. "Most of the officials are hiding the performance details about their departments," the official added.   Share This News with Your Friends on Social Network     Comment on this Story

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