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Srinagar: The utilisation of budget was 20 per cent less than the total amount of Rs 1.39 lakh crore grants and appropriations during the year 2021-22 in Jammu and Kashmir, Comptroller and Auditor General of India has said, urging the government to be

Jammu Tawi, Apr 2: The overall utilisation of budget in Jammu and Kashmir was 20 % less than the total amount of Rs 1.39 lakh crore grants and appropriations during the year 2021-22, Comptroller and Auditor General of India has said, urging the government to be “more realistic” in its budgetary assumptions. It also criticised

(This story has not been edited by THE WEEK and is auto-generated from a PTI

Srinagar- The Jammu and Kashmir Government’s commitment to rejuvenate businesses in ‘Naya Kashmir’ through multiple efforts has proved a reality as the Union Territory administration invested Rs 83.27 crore in two companies and one corporation and had total investment of Rs 162.39 crore as on 31 March 2021. These details were revealed by the Comptroller

Lump sum budgetary provision of Rs 3430 cr placed with officers *Excess expenditure of Rs 2210 cr made in 9 months Mohinder Verma JAMMU, Apr 11: The Comptroller and Auditor General (CAG) of India has detected lack of transparency in the Budgetary and Accounting Process and preparation of allocations on unrealistic proposals in Jammu and Kashmir. Moreover, it has brought to the fore placement of lump sum budgetary provision of Rs 3430 crore with the Controlling Officers in contravention to [&hell...