Page 2 - Budget Estimation News Today

Admn Deptts asked to submit estimates by Sept 30 Excelsior Correspondent JAMMU, Sept 5: The Finance Department today set the process in motion for annual budget for next Financial Year of 2023-24 by directing the Administrative Departments, Head of Departments (HoDs), Budget Controlling Officers and Drawing and Disbursing Officers (DDOs) to initiate the exercise in right earnest. A directive to this effect was issued today by Additional Chief Secretary (Financial Commissioner), Finance Departmen...

EMPOWERMENT, BEAMS, JK-PaYSyS among host of initiatives bringing financial discipline in Govt. Deptts SRINAGAR, AUGUST 31: J&K Government has established a unique system through which every work is being put into public domain thereby establishing a greater accountability and transparency in the work culture as well as ensuring that money is spent as per the developmental needs of the people. Government is undertaking several reforms which will help to further fine-tune the developmental str...

Pace of execution of developmental works increases manifold in last three years under LG’s Administration SRINAGAR, AUGUST 22: Over the last three years, the pace of execution of developmental schemes across Jammu and Kashmir has increased by five times on account of a resurgent institutional framework development by the present administration under Lieutenant Governor, Manoj Sinha. In the last two years, the government has endeavoured to develop areas which remained neglected till now. Dalits...

 SRINAGAR : Reflecting exponential rise in completion of development works and establishing itself as leader from laggard in the world of progress and prosperity, Jammu and Kashmir has completed over 60,000 development projects in the past three

SRINAGAR, MAY 21: Reflecting exponential rise in completion of development works and establishing itself as leader from laggard in the world of progress and prosperity, Jammu and Kashmir has completed over 60,000 development projects in the past three years. According to official document, 66,724 development projects have been completed in the Union Territory from 2019 to January 2022. The break up details stated that 9229 projects have been completed during 2018-19, 12637 in 2019-20, 21943 duri...

Sustaining growth momentum; synergy and convergence among various departments discussed Action-oriented plan to reflect fast economic development, strengthening institutions for rapid social change while ensuring growth with equity so that every citizen benefits from J&K’s prosperity, says the LG Substantial increase in budgetary support for infra development, education, healthcare, strengthening PRIs, facilitating investment, employment, youth, women empowerment & social sector sc...

Excelsior Correspondent JAMMU, Mar 26: The Finance Department today approved 100 percent Revenue and Capex (Capital Expenditure) budget including District Capex out of Revised Estimates of 2021-22 which were approved by the Parliament on March 25. An order to this effect was issued today with just five days left for completion of the financial year of 2021-22. Jammu and Kashmir budget was approved by Lok Sabha on March 14 and Rajya Sabha on March 23 while final approval of the […]

*’Disposal rate of files reached 90 pc’ Excelsior Correspondent JAMMU, Dec 24: The Government decision to end the years long Darbar Move practice in Jammu and Kashmir has resulted into savings of around Rs 200 crore annually and increased disposal rate of the files to 90 percent. This was revealed by Chief Secretary Dr Arun Kumar Mehta in an interview to a national news channel. “Ending the centuries old practice of Darbar Move in Jammu and Kashmir has not just […]

  Jammu: Lieutenant Governor, Manoj Sinha today released “Annual Report- Promoting Good Governance” compiled by the Finance Department showcasing major initiatives undertaken by the said Department during 2020-21 to bring transparency and accountability in the execution of the public works. Sh. Arun Kumar Mehta, Financial Commissioner, Finance Department; and Sh. Nitishwar Kumar, Principal Secretary to the Lt Governor were present on the occasion. The report in the form of e-Book provides ...

SRINAGAR: Jammu and Kashmir collected Rs 4890.35 crore as GST in fiscal 2020-21. This makes a 2.94 per cent increase over the collections in fiscal 2019-20, when Rs 4750.60 crore was collected.