Timely utilization, no diversion under any pretext
JAMMU, Mar 27: The Government of Jammu and Kashmir today accorded sanction to the authorization of 50 percent of funds under Revenue Budget earmarked for the next financial year with strict instructions that no diversion shall be made under any pretext unless authorized by the Finance Department.
An order in this regard was issued today by the Finance Department of J&K Government, thus paving the way for release of funds under Revenue component for the financial year 2020-21, except in case of a few heads.
According to order number 135-F of 2020, dated 27-03-2020, the expenditure shall be made strictly in accordance with the classification under which funds have been authorized by the Finance Department and no diversion shall be made under any pretext.
Maintaining that the funds so released shall be utilized by the concerned authority only for the purpose specified after observing all pre-requisite formalities/procedures as required under rules and shall not be available for diversion at any level and for any reason whatsoever, the Finance Department has made it clear that the Treasury Officers shall not entertain bill without complete classification under which funds have been allocated.
While ensuring that all the budgetary allocations have been maintained strictly as per Demand for Grants, the Controlling Officers shall immediately release the funds through BEAMS to the line departments within a period of one week from the date of authorization of funds by the Finance Department , beyond which it shall be deemed to have been withdrawn.
Further, the Departments shall ensure that the expenditure out of allotted funds are made in stipulated timeframe within the quarter for which the funds have been released while all the departments shall ensure uniform pace of expenditure during the financial year 2020-21, which shall be reviewed on monthly basis.
As per the order, the ban on engagement of Casual Workers, Need Based Workers etc shall continue to be in force while the funds provided under all the beneficiary schemes shall be disbursed through DBT mode with 100 percent Aadhar Seeding, which shall be reviewed by each Administrative Secretary on monthly basis and beneficiary-wise furnished to the Finance Department on quarterly basis.
Further, the utilization of funds shall be subject to the condition that all the Director Finance(s)/FA & CAO(s) shall ensure submission of monthly revenue and expenditure statements to the Finance Department before 5th of following month while all the Controlling Officers/DDOs shall conduct periodic reconciliation of remittance and drawals with Treasury and the office of the Accountant General (A&E), J&K to ensure correct reflection of Income and expenditure in the finance and other Accounts.
The Controlling Officers shall strictly monitor the public receipts and expenditure with reference to the authorized funds and all the standing rules and regulations while all the sanctions/approvals mandated and clearances under General Financial Rules should be in place before drawl of money from the Treasury. The Treasury Officers concerned shall ensure that releases have been made by DDOs via BEAMS. They shall also be personally liable for making any payment not authorized and accepted on BEAMS application.
As per the utilization conditions, the outcome of the expenditure should be reviewed on monthly basis by the Finance Department and any irregular expenditure against norms shall be strictly avoid while the advance drawal proposals, if required, should be supported with all standard conditions viz-a-viz utilization certificate and furnished for approval of the competent authority within the specific quarter in which funds are released.
Following the approval of Finance Department, 50 percent of the funds under Revenue Budget shall be released on case to case basis, except for purchase of vehicles (Head-046), furniture and furnishings (Head-054), cost price (head-311) , refund (Head-411) and works under Revenue (Head-115).
With the authorization of funds under Revenue component, the Finance Department today also asked the Administrative Secretaries to furnish the activity/project wise details .
Director Finance(s)/Director Planning(s)/Financial Advisor/CAO(s)/Joint Director(s) Planning of all Administrative Departments shall be personally responsible for furnishing the project details with approval of the respective Administrative Secretaries while in respect of District Sector Projects, CAO(s)/AO(s) of each district shall furnish soft copy of project detail.
Advising the officers to work from home keeping in view the ongoing lockdown due to COVID-19 threat, the Government, however, has stressed for timely submission of the information on email address email@example.com.