Connect with us

JAMMU & KASHMIR

COVID-19: Govt extends expenditure restriction guidelines for second quarter | KNO

Published

on

kno news

Srinagar, July 09 (KNO): The government in the Union Territory of Jammu and Kashmir has extended the guidelines regarding the expenditure for the second quarter in view of Covid-19. In an order, a copy of which lies with the news agency—Kashmir News Observer (KNO) government has stated that the guidelines vis-a-vis expenditure restrictions imposed in the month of April this year shall remain in force during the second quarter, Q2 (July-September, 2020) of the current financial year 2020-21 as well. “The Departments are required to restrict the overall expenditure within 40% of Budget Estimates 2020-21 up to ending September, 2020 certain exceptions,” the order stated. The order stated that the expenditure on all non-salary heads of revenue budget shall be restricted up to 20% of the Budget Estimates, 2020-21 for Q2 (July to September, 2020) with overall expenditure upto 40% of BE 2020-21 by ending September, 2020. “The expenditure under Capex Budget in respect of 'on-going' works and 'non-construction' activities shall be restricted up to 40 % of BE 2020-21 by ending September, 2020 except in case of PW (R&B), Rural Development, Power Development and Jal Shakti Departments. These four Departments can incur expenditure upto 50% of BE 2020-21 by ending September, 2020and are also permitted to initiate works within full budget approved for the financial year 2020-21.” As per the order there shall be no restriction in respect of items of expenditure within the overall authorisation of funds conveyed to the departments which include wages/honorarium/stipend/scholarship/compensation and beneficiary oriented schemes of social welfare and other departments if any. “Leave encashment claims of current financial year 2020-21 up to ending June 2020. Medical Reimbursement claims of the current financial year 2020-21,” the order further stated—(KNO)

Trending

TOP STORIES1 hours ago

"If she had truly been so merciful and sympathetic to Yasin Malik, her family member wouldn't have identified Him": Sajad Lone Slams Mehbooba Mufti | KNO

TOP STORIES1 hours ago

ECI deregisters 12 political parties in Jammu & Kashmir over non-compliance | KNO

TOP STORIES7 hours ago

Special train service starts from Budgam to Katra for passengers | KNO

TOP STORIES7 hours ago

Kulgam village reports Hepatitis case, one dead, another hospitalised | KNO

TOP STORIES20 hours ago

Armed forces tore apart terror networks inside Pakistan due to PM Modi’s strong political will: Amit Shah | KNO

TOP STORIES20 hours ago

Respite for Kashmir’s fruit growers | KNO

TOP STORIES20 hours ago

Wife dies, husband injured in HMT accident | KNO

TOP STORIES20 hours ago

Immovable property attached under NDPS in Anantnag: Police | KNO

TOP STORIES20 hours ago

CM inaugurates Rs 35.67 crore water supply schemes in Tangmarg | KNO

TOP STORIES20 hours ago

CS seeks guidance of NITI Aayog on Tele-ICU setup in new GMCs | KNO

TOP STORIES20 hours ago

MLA Basohli, DDC members, others call on LG Sinha | KNO

TOP STORIES20 hours ago

PIB Sgr, Paras Health organize medical camp for media fraternity | KNO

TOP STORIES21 hours ago

Traffic grid-lock hits Parimpora, Srinagar | KNO

TOP STORIES21 hours ago

Will take up reopening of closed tourist destinations in Kashmir with Home Minister Shah: CM Omar | KNO

TOP STORIES21 hours ago

All exams on time in J&K: Minister Sakina Itoo | KNO

TOP STORIES21 hours ago

J&K govt begins process to appoint new state election commissioner | KNO

TOP STORIES21 hours ago

Fruit trucks finally move but fears over quality loom large | KNO

Copyright © 2021