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| In NC rule, 131 crores suspiciously parked in wrong budget heads, financial norms violated | | When anarchy was ruling roost in JK | | Early Times Report
Jammu, Dec 28: When the regional political groups here are casting jibes at the present administration over failing people of Jammu and Kashmir on all fronts, these groups perhaps are undermining the fact that how when they were sitting in the corridors of power did the financial system of the erstwhile state was damaged to the core.
According to the provisions of Jammu and Kashmir Financial Code Vol-I [Rule 2.16(5)] no money should be drawn from the treasury unless it is required for immediate disbursement. Besides, it is not permissible to draw money from treasury for keeping in Banks or under civil deposits to prevent the lapse of Budgetary Grants.
The 13th Finance Commission also recommended that the Public Accounts should not be treated as an alternative to the Consolidated Fund and Government expenditure should be directly incurred from the Consolidated Fund avoiding transfer from Consolidated Fund to the Public Account.
However, during the financial year of 2014-15, when NC was ruling the state, it was observed in Minor Head 800-Other Deposits subordinate to Major Head 8443-Civil Deposits that despite a balance of Rs 342.36 crore after a withdrawal of Rs 53.64 crore, an amount -of Rs251.35 crore was added to the Minor Head, which was unnecessary and violation of the financial norms. The accumulated balance of Rs540.07 crore at the close of the year 2015 should have been written back to the respective Major Heads of account under the Consolidated Fund from which these were originally transferred, as the drawals from the Minor Head of account in the subsequent years would not require Legislative approval and thus would escape Legislative scrutiny through the Appropriation Account mechanism.
Besides, it was noticed during Audit check of vouchers that the Commissioner/Secretary to Government School Education Department and Commissioner/Secretary to Government Department of Rural Development and Panchayati Raj had withdrawn an amount of Rs 14.25 crore & Rs 117.14 crore respectively from the Consolidated Fund of State at the fag end of the financial year 2014-15 and parked it under Major Head-8443 Civil Deposit to avoid lapsing of Funds.
Lump sum budgetary provisions of Rs13278.61 crore which constitute 24.48 per cent of total provision of Rs 54225.73 crore were placed with Controlling Officers in various Demands for Grants instead of detailed head-wise/scheme-wise provisions which are in contravention of the State Financial Rules. The issue was highlighted in previous years Audit Reports also but remedial action was not been initiated.
Furthermore, reveal the documents, the Capital heads of accounts were being closed at sub-head level in the demand for grants. No detailed breakup thereto up to object head level was made available in the approved demand for grants.
The deficiencies made the budgeting process erroneous thereby, making reconciliation of departmental figures with those compiled by the Accountant General (A&E), Jammu and Kashmir difficult, as per the government records. |
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