Advertisement
Wednesday, Jan 26, 2022
Outlook.com
Outlook.com

Jammu and Kashmir Administration Sets Forth Austerity Measures For The Promotion Of Fiscal Discipline

Financial Commissioner (additional chief secretary) Of Jammu and Kashmir, Finance Department Atal Dulloo has issued guidelines in a three-page order addressed to the government departments and autonomous bodies funded by the government and have further instructed the administrative secretaries to ensure compliance with the measures.

Jammu and Kashmir Administration Sets Forth Austerity Measures For The Promotion Of Fiscal Discipline
Jammu and Kashmir Administration Sets Forth Austerity Measures For The Promotion Of Fiscal Discipline | Outlook
Jammu and Kashmir Administration Sets Forth Austerity Measures For The Promotion Of Fiscal Discipline
outlookindia.com
2021-12-07T17:18:29+05:30

Detailed austerity measures have been laid down by the Jammu and Kashmir administration to promote fiscal discipline and ensure a balanced pace of expenditure without restricting operational efficiency.

“During the last quarter of the current financial year, the expenditure should be limited to 30 per cent of budget allocation and in the month of March, the expenditure should be limited to 15 per cent of the budget estimates,” the order said.

Dulloo said it is also considered desirable that in the last month of the current financial year, payments may be made only for the goods and services procured and for reimbursement of expenditure already incurred.

“Hence, no amount should be released in advance (in the last month) with the exception of the following: Advance payments to contractors under terms of duly executed contracts so that Government would not renege on its legal or contractual obligations, any loans or advances to Government servants or private individuals as a measure of relief and rehabilitation as per service conditions or on compassionate grounds and any other exceptional case with the approval of the finance department,” the order said.

The Financial Commissioner said the rush of expenditure on procurement should be avoided during the last month of the current financial year to ensure that all procedures are complied with and there is no infructuous or wasteful expenditure.

A 10 per cent economy cut is imposed on Leave Travel Concessions, Telephone, Research and Survey and hospitality and sumptuary, fuel and other expenses out of the budget estimate 2021-22, he added.

The order asked the departments and autonomous bodies to organise only such conferences, workshops and seminars that are absolutely necessary while holding exhibitions or fairs, and conferences outside J&K was strongly discouraged except in the case of craft or investment promotion. “There shall be a complete ban on holding of meetings and conferences at private hotels. Government buildings/Premises should be utilised for holding of meetings and conferences instead,” as per the order.

Dulloo said a 10 per cent economic cut is imposed on the conduct of camps and seminars out of the Budget Estimates 2021-22. However, the order said the purchase of new vehicles to meet the operational requirement is permitted, but only against condemnation as a replacement measure.

“Domestic and International Travel expenditure should be regulated so as to ensure that each department remains within the allocated budget. Re-appropriation/augmentation proposals on this account will not be entertained,” according to the order.

It said international travel would not be allowed unless specific permission is granted by the finance department. “Within the country, the officers should travel only by economy class regardless of entitlement. The facility of video conferencing may be used effectively and travel for the purpose of attending meetings should be avoided to the extent possible,” the order noted. In all cases of air travel, the order said the lowest air fare ticket available for the entitled class shall be availed.

Dulloo said a 10 per cent economy cut is imposed on the travel expenses out of the Budget Estimates 2021-22. As per the order, no furniture would be procured out of the available funds, except in the case of newly established offices with the concurrence of the finance department. “There shall be a complete ban on holding of official dinners and lunches, except those hosted by the Chief Secretary and Lieutenant Governor or with specific approval of the Lieutenant Governor,” the order noted.

Dulloo  further mentioned that, no fresh financial commitments would be made on items, which are not provided for in the approved budget of 2021.

(With PTI Inputs)

Advertisement

Outlook Newsletters

Advertisement
Advertisement
Advertisement

More from

Read More from Outlook

Lament Of Separation: Songs Of Habba Khatun, Last Queen Of Kashmir, Still Echo In Valley

Lament Of Separation: Songs Of Habba Khatun, Last Queen Of Kashmir, Still Echo In Valley

In happy times and sad, Habba Khatun’s sensuous songs make both young and old emotional. With the never-ending conflict bringing tragedies to every doorstep, Habba’s lyrics of separation amplify their mourning.

How Indian Laws Govern People’s Right To Love And Live

How Indian Laws Govern People’s Right To Love And Live

In India, only those relationships between a man and a woman are considered to be legitimate when there is a marriage between the two.

Kohli Quits Test Captaincy, Leaves Leadership Vacuum

Kohli Quits Test Captaincy, Leaves Leadership Vacuum

Virat Kohli, 33, had recently stepped down as India's T20I captain and was subsequently removed as the ODI captain.

UP Elections 2022: How Congress Is Harnessing Power Of 'Persecuted' Women To Counter BJP

UP Elections 2022: How Congress Is Harnessing Power Of 'Persecuted' Women To Counter BJP

A Mahila Congress leader, who is the face of the ‘Ladki Hoon, Lad Sakti Hoon’ campaign, however, has accused the party of anti-women bias after she was denied a ticket.

Advertisement