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news details
First in UT: Govt intends to reflect progress, devp in next budget
9/16/2019 10:28:07 PM
Ishtiyaq Ahmad

Early Times Report

Srinagar, Sept 16: Unlike the previous years, the Governor-led administration has initiated a process early this time for budget preparations of the next fiscal for which necessary instructions have been issued to departments.
For the next fiscal which will start from March 2020, the government has directed departments to initiate a process for the budget preparations, which is two months early then previous budgets.
A source said that government intends that budget should reflect more development and progress as this is first budget post scrapping of Article 370, 35 A and bifurcation of the state into two union territories.
In the past, the source said that Finance Department would get less time to finalise the budget as departments would submit their proposals in November. The departments have been directed to carry out due scrutiny of estimates and forward their recommendations to the Finance Department by September 30, 2019.
In a list of instructions, the government said, "The Finance Department has been noticing huge variations in the actual expenditure of the preceding year as shown by the departments and the numbers as shown by the accountant general in the annual finance account of that year. This has been viewed seriously. Care should, therefore, be taken to reflect the correct and duly reconciled expenditure." The departments have also been directed to provide list of year wise number of daily wagers, casual workers between 2015 and 2018.
Similarly, the heads of departments have been told to furnish details of number of regularized daily wagers who have been adjusted against normal vacancies.
"Expenditure against authorization of funds by Finance Department under SDRF against each item of expenditure shall be reflected in a properly tabulated form by the concerned departments, supported by notes giving all relevant details. The information shall also be sent to Revenue Department being the nodal department for compilation," the instructions read.
The departments have also been told to provide details about liabilities for major developmental works and contractors.
"No item of expenditure not covered under these guidelines shall be adopted by the Finance Department. Estimates for air lilting charges are required to be consolidated by Civil Aviation Department separately for each category namely SRE, normal (Non-SRE), Tourism, strictly in accordance with the new format devised by the MHA," the government told departments.
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