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 STORIES4 hours ago

5 lakh homeless people in J&K to get permanent shelter: Union Minister | KNO

TOP STORIES7 hours ago

SIA conducts searches in Bijbehara in migrant labourer's killing case | KNO

TOP STORIES21 hours ago

LG Sinha flags off first batch of pilgrims as Amarnath Yatra begins | KNO

TOP STORIES21 hours ago

Amarnath Yatra: Locals, civil society welcome pilgrims in Kashmir | KNO

TOP STORIES21 hours ago

Amarnath pilgrims laud ‘Operation Sindoor,’ thank PM Modi led Govt, security forces for ensuring their safety | KNO

TOP STORIES21 hours ago

In a first, high-altitude telemedicine services launched for Shri Amarnath Yatra 2025 | KNO

TOP STORIES21 hours ago

All officers on ground to ensure peaceful Amarnath Yatra: DGP Prabhat | KNO

TOP STORIES21 hours ago

LG Sinha lauds courage of border residents during ‘Operation Sindoor’ | KNO

TOP STORIES21 hours ago

Post-Pahalgam Attack: Air traffic sees steady revival at Sgr Int’l Airport in June | KNO

TOP STORIES21 hours ago

Slight dip in mercury brings relief to people in J&K | KNO

TOP STORIES21 hours ago

Power Woes…..‘Electricity consumers face wrath of heat’ | KNO

TOP STORIES21 hours ago

Kashmir faces water scarcity amid record heatwave; authorities urge conservation | KNO

TOP STORIES21 hours ago

Summer break extended till July-05 for Kashmir colleges | KNO

TOP STORIES21 hours ago

Amid surge in footfall, Kashmir’s off-beat tourist destinations face eco crisis | KNO

TOP STORIES21 hours ago

Farmers worried as paddy fields turn parched in north Kashmir | KNO

TOP STORIES21 hours ago

J&K Medical Council issues over 1600 registrations in last two months | KNO

TOP STORIES21 hours ago

No curbs on Muharram processions in Sopore: Addl DC | KNO

Copyright © 2021