Excelsior Correspondent
JAMMU, Dec 18: Relaxing expenditure restrictions imposed in view of COVID-19 pandemic situation in the Union Territory, the Jammu and Kashmir Finance Department has accorded sanction to the release of funds under ‘Revenue Component’ for the year 2020-21.
An order in this regard was issued by the Financial Commissioner, Finance Department, Dr Arun Kumar Mehta, who has accorded sanction to the release of further funds and relaxation of expenditure restrictions imposed in view of Covid-19 pandemic vide circular number F-VII-Gen (110) 2009-10-II dated 29-04-2020 followed by the Circular number FD-VII-Gen (110) 2009-10-II dated 09-07-2020.
However, there shall be expenditures guidelines, according to which, 90 percent of Balance Expenditure (BE) 2020-21 is authorized for all the detailed heads, except 003 Leave Travel Concession (LTC), 046-purchase of vehicles, 054-furnishings, 104-land compensation, 311-cost price of food grains and 411-refund of GST, which shall be dealt on case-to-case basis.
Similarly, 75 percent of BE 2020-21 is authorized for 028-Grant-in-Aid to ULBs/autonomous institutions/universities etc.
The order further says that there shall be no restrictions on the extent of expenditure even as the expenditure shall be restricted to the extent of funds authorized by the Finance Department.
“LTC (Leave Travel Concession) expenditure shall not be made without the prior consent of the Finance Department and the transport allowances shall not be drawn in respect of employees who have not attended the office during the Covid-19 pandemic” read the order adding that the sanction is subject to further conditions as laid down in the BEAMS release order.
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