FD authorizes release of funds

Excelsior Correspondent
JAMMU, Mar 19: The Finance Department today authorized the release of further funds under Revenue and District Capex Budgets out of Revised Estimates for the financial year of 2023-24.
An official order issued today said the Finance Department conveyed authorization to the release of further funds through BEAMS out of Revised Estimates 2023-24 under Revenue budget.
It also authorized 100 percent funds under the District Capex Budget for the financial year of 2023-24.
However, funds in respect of nine heads shall be released on case to case basis in accordance with proposal furnished by the departments.
The heads are LTC, Purchase of Vehicles, Furniture and Furnishings, Interest, Purchase of Power, Cost Price of Food Grains, Snow clearance, Suspense Debit and Disaster Response Fund.