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Treasuries running dry, salaries being managed through local receipts 12/1/2014 11:17:55 PM Bashir Assad Early Times Report Srinagar, Dec 1: The government treasuries in Jammu and Kashmir have again dried up as a result of bills worth crores were said to have piled up in many of them across the state. The government treasuries across the state have dried up because the central government (Planning Commission) has not released the overdue installment of the plan allocated to the state, according to the sources in Planning Department. Sources said the central government had not released the 3rd installment of the allocated plan ceiled at Rs 7,200 cr for the current fiscal. The delay in release of the plan had compounded the problems of financial management in the state and the bills worth hundreds of crores were pending in government treasuries, the sources added. They said the salaries of the state government employees are managed through local receipts but the corporations and autonomous bodies do not have even salaries to pay to their employees. They said the corporations manage the salaries of their employees from the allocations for development works and in the absence of the budgetary allocations, the corporations are not in a position to pay salaries to their employees. Sources said that even some government employees from various zones had not received their salaries yet and for want of money, various development works had been put at halt by the contractors. "I have to pay a huge sum of money both to suppliers and to my workers but I am not able to pay to them because my bills are pending in a treasury," a contractor said Another contractor Farooq Ahmed Dar alleged that the treasuries were empty because government was busy in utilizing all the funds for election purpose. "Present government is indifferent towards the sufferings of people and it does what suits to it," he alleged. A provident fund claimant said he was running from pillar to post to get the amount which he had saved all through his service. A senior official of Treasuries and Accounts Department acknowledged that GP fund bills were pending in various treasuries for want of money. "We do not have the money to release to the contractors and GPF claimants," he added.   Share This News with Your Friends on Social Network     Comment on this Story

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