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news details
Govt issues guidelines to enforce fiscal discipline
2/20/2018 11:09:32 PM
Early Times Report
JAMMU, Feb 20: Following the wide-ranging public expenditure reforms announced by the Finance Minister, Dr Haseeb Drabu in the State Legislature earlier this month and making the State Government legally bound to expedite resource utilization, the Finance Department today issued comprehensive guidelines to enforce fiscal discipline.
According to an elaborate order issued by the Principal Secretary Finance, Navin Kumar Choudhary here today, the Administrative Secretaries have been asked to immediately put in place appropriate and robust mechanism of checks and balances in their departments in this regard.
"Following the legislative backing, these measures now have the force of law and, by implication, the attendant consequences," the order said.
It said the objective of these expenditure reforms is to enforce accepted standards of fiscal propriety, as envisaged in the J&K Finance Code. "There is no better way for the departments to do this than by internalizing and institutionalizing the virtues of restraint, discipline and propriety in their operational systems" the order envisaged.
According to the order no payments shall be made by any Treasury Officer/PAO from the April1, 2018, under any expenditure head, if the releases for the same has not been made and further received by the spending and bill passing officers via BEAMS.
It said the procurement plans of the departments in the next fiscal shall be limited by an outermost cap of 60 days. Any spill over in timeline shall be allowed only under the orders of the Cabinet based on some cogent reasons. In all other cases, deviation from the norms shall be automatically visited with the appropriate disciplinary actions.
While issuing advisories with regards to spendings under various heads, it further said that the Director Finance IFA & CAO in the Administrative Departments shall build inventory of existing civil deposits. All the civil deposits shall be recalled except in such cases where it is assured by the departments that they will use them in the next two months of making such deposits.
With each bill, Treasury Officer/PAO shall ensure that the concerned DDO of the intending Department appends certificate indicating therein that no new engagement has been made or any sort of wages paid or intended to be paid to new engagements under any circumstances. There shall be, henceforth, no engagement of casual A workers, need based workers etc. by any department. The Planning, Development and the Monitoring Department shall under invariably condition all developmental/ capex releases to the departments to the unconditional vouchsafing by the latter that they shall refrain from making fresh engagements.
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