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news details
JKERA yet to submit utilization certificates of Rs 335.70 crore to GOI
Agency delays submission to NITI Aayog although funds utilized in full two years ago
1/4/2022 11:31:36 PM
Early Times Report

Jammu, Jan 4: The Jammu and Kashmir Economic Reconstruction Agency (JKERA) has not submitted the utilization certificates of more than Rs 335.70 crore to the Government of India even when more than five years have passed since the funds were made available for different developmental projects.
As per the documents in possession of Early Times, as per condition laid down in the fund release order of the GoI, the government of Jammu and Kashmir had to submit Utilisation Certificates (UCs) to NITI Aayog, GoI. The Utilisation Certificates were to be submitted on the basis of funds utilized by the executing agency Jammu and Kashmir Economic Reconstruction Agency (JKERA).
However, it has been noticed that that against counterpart funds of Rs 673 crore received in the month of December 2008 to July 2017 by Jammu and Kashmir Economic Reconstruction Agency (JKERA), Utilization certificates had been submitted in the month of December 2016 to PD&MD for an amount of Rs 337.30 crore only and Utilization certificates for the balance amount of Rs 335.70 crore had not been submitted although the funds had been utilised in full as of March 2019.
The government of Jammu and Kashmir in its defense has stated that utilization certificates for the remaining amount would be submitted at the earliest. However, the utilisation certificates for the remaining amount had not been submitted by JKERA till the recent past.
Jammu and Kashmir Economic Reconstruction Agency (JKERA) was governed by a body with the Minister of Planning as its Chairman, Chief Executive Officer (CEO) of JKERA as its Member Secretary and other members comprising Chief Secretary, Principal Secretary Planning Development and Monitoring Department (PD&MD) and three Members of Legislative Assembly (MLAs) one each from Jammu, Kashmir and Ladakh. The Governing Body has the responsibility of providing policy guidance for implementation of the programme and CEO is the executive authority for implementation of the programme.
Pertinent to mention that the Jammu and Kashmir Urban Sector Development Investment Programme (JKUSDIP) was approved on 31 May 2007 for execution by the Asian Development Bank (ADB) to promote economic growth in Jammu & Kashmir through expansion of basic urban infrastructure and provide better living conditions to people of two capital cities of Jammu & Srinagar and other towns of the State. The original period of implementation of the programme was eight years from the date of approval of the program, which was extended by ADB from time to time and finally closed on 30 May 2017.
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