x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Massive anti-terror operations launched in Kashmir to uncover massacre links | DGP Prabhat leads anti-terror operations | Special Assembly session to pass important resolutions | Tulsi Gabbard extends support to India | LG reviews security scenario with Army Chief, Commanders | India stands united against terror: Rahul in Srinagar | India informs Pak about its decision to suspend Indus Waters Treaty | Ensure no Pakistani stays in India: Amit Shah dials all CMs | Search on for escaped terrorists | Rusted ammunition recovered | ‘Be mindful of social media posts, reject gifts’ | Army responds to Pak firing | Tributes paid to martyred paratrooper | Anxiously waiting for son’s return: BSF Jawan’s father | Health Checkups | Amit Sharma resolves to make Mamit Mizoram's First e-District with Cooperatives in Lead Role | Ramban: Restoration, relief efforts stepped up in flood-affected areas | District NCORD Committee discusses anti-drug measures | NFR Enhances Hygiene with New Bacteria Inoculum Plant at Kamakhya | NFR strengthens Track Safety with Major Upgradation of Passenger Running Lines across all its Divisions | Reasi police intensifies fight against narcotics, seizes 4.33 Grams of heroin-like substance | District NCORD Committee discusses anti-drug measures | Uttar Pradesh leads nation with 1.20 crore enrollments in Atal Pension Yojana | CM directs strict compliance with infrastructure norms before granting recognition to madrasas | Amarnath Yatra not to be affected by Pahalgam attack: Deputy CM | ACS chairs SCERT's workshop held under Oasis Jyotirdhar Initiative | JMC Commissioner lays foundation of public toilet complex | Jal Shakti Minister reviews Water Supply Schemes in Kashmir | DC Reasi chairs meeting on change of land use cases | Govt notifies rules for GST appellate tribunals; provides for mandatory e-filing, hybrid hearing | 'Time to strike again': Ex-Air Force chief Arup Raha cites Uri, Balakot as precedent | Back Issues  
 
news details
Rs 2700 cr go adrift in JK’s financial records
32.32 % of bills drawn in March 2019 alone, 22% drawn on last day of financial year
4/17/2021 11:51:31 PM
Early Times Report

Jammu, Apr 17: A startling revelation has come to the fore about the expenditure of more than Rs 2700 crore in Jammu and Kashmir.
The scrutiny of records has revealed that there was no assurance found on whether such whooping expenditure has been incurred for the purpose for which it was actually authorised by the legislature or not.
Documents in possession of Early Times divulge that against a total amount of Rs 5,178.56 crore comprising of 2,257 bills drawn on Abstract Contingent bills by various drawing and disbursing officers up to 31 January 2019, corresponding DC bills were not submitted to the Accountant General (A&E), Jammu & Kashmir.
Out of 2,257 number of outstanding AC bills, 1,840 bills amounting to Rs 1,159.89 crore pertains upto 2016-17, 144 bills amounting to Rs 1,306.35 crore pertains to 2017-18 and the balance 273 bills valuing Rs 2,712.32 crore pertains to the year 2018-19.
There is no assurance that the expenditure of Rs 2,712.32 crore during 2018-19 has actually been incurred for the purpose for which it was authorized by the Legislature.
In terms of Para 7.10 of the Jammu & Kashmir Financial Code Vol-I, the bills which are countersigned after payment, are drawn as advance payments on Abstract Contingent (AC) Bills.
The subordinate officers are required to submit the DC bill by the end of the month following that in which AC Bill is drawn to the Controlling Officer and the Controlling Officer is required to submit the same to the Accountant General, duly countersigned, within one month of its receipt.
Further, 268 number of AC bills amounting to Rs 3,105.63 crore were drawn during the year 2018-19, out of which 93 AC bills amounting to Rs 1,003.82 crore (32.32 per cent) were drawn in March 2019 alone and 50 AC Bills amounting to Rs 691.03 crore (22.25 per cent) was drawn on the last day of the financial year.
Out of 93 AC bills amounting to Rs 1,003.82 crore drawn in March 2019, 23 bills amounting to Rs 356.26 crore (35.49 per cent) were drawn by the Department of Education, 16 bills for Rs 411.80 crore (41.02 per cent) by Rural Development Department, 11 bills for Rs 108.56 crore by Home Department, 15 bills for Rs 61.48 crore by Planning Department, 10 bills for Rs 33.20 crore by Industries Department, 08 bills for Rs 19.61 crore by General Administration Department, 04 bills for Rs 12.12 crore by Agriculture Department, 02 bills for Rs 0.04 crore by Revenue Department, 01 bill for Rs 0.15 crore by Tourism Department, 01 bill for Rs 0.12 crore by Law Department, 01 bill for Rs 0.23 crore by Finance Department and 01 bill for Rs 0.25 crore by Department of Social Welfare. Expenditure against AC Bills in March indicates that the drawals were primarily to exhaust the Budget Provisions and reveals inadequate budgetary control. The matter has continually been brought to the notice of the Government/Finance Department, from time to time. Despite issuance of instructions in this regard by the State Finance Department, the DDOs did not furnish the pending DC bills to the Accountant General (A&E).
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
  
BSE Sensex
NSE Nifty
 
CRICKET UPDATE
 
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU