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| Performance of officers be reflected in their APRs: Rather | | |
EARLY TIMES REPORT
JAMMU, JANUARY 07-Highlighting the significance of Accounts & Treasuries department in the overall budget control and fiscal management of the state, the Minister for Finance and Ladath Affairs, Mr. Ab. Rahim Rather today urged for the greater role of Directors of Finance, Financial Advisors and Chief Accounts Officers (FA & CAO) in Budget Scrutiny, formulation of Schemes and expenditure proposals in various departments.
Saying that the Directors of Finance/FA & CAO’s are the watch dogs of State exchequer, the Minister enjoined upon them to fulfill their legitimate duty towards managing the budget provisions and expenditures judiciously in their respective areas of jurisdiction.
He directed for maintaining budget control registers in various departments essentially adding that all sorts of financial irregularities and violation of financial code should be checked effectively. “Budget allocations should in no case exceed beyond the limit and no advance drawal allowed unless photocopy of the Red D.C. Account of previous advance drawal is obtained”, Mr. Rather said adding that main effort should be to clear all the accumulated /pending Red D.C. accounts without further loss of time.
“Accumulation of Red D.C. accounts should not be allowed at any cost as it adversely effects the finalization and correctness of state accounts. “Mr. Rather observed and directed the officers to conduct reconciliation of expenditure and receipts regularly. He said performance of officers in this regard shall be reflected in their APRs.
Mr. Rather also directed the officers to ensure prompt action on audit reports, appropriation accounts and reports of PAC, Estimates Committee and Committee on Public undertakings. He directed that Action Taken Report (AIR) on draft paras should be submitted to Principal Accountant General within three months after C.A.G’s audit report is placed before the state legislature, without waiting for meeting of PAC and Public undertakings Committee. He also directed for conducting physical verification of stock in various stores adding that state money gets blocked if stocks are allowed to lie in stores for long period.
The D.G. Accounts & Treasuries in his opening remarks said that the allotment of budget & expenditure is watched by the 269 Controlling Officers all over the sate who allot funds to about 5503 Drawing & Disbursing Officers (DDO’s) operating upon 121 Treasuries of the State.
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