Excelsior Correspondent
JAMMU, Mar 26: The Union Government today accorded sanction to J&K UT Government for the authorization of 100% Revenue and Capex Budget, including District Capex Budget through Budget Estimation, Allocation and Monitoring System (BEAMS), within the approved appropriation by the Parliament for the current financial year.
Official sources said that the authorization of the sanctioned budget is subject to the condition that Administrative Departments/ District Development Commissioners / Controlling Officers, will make further releases to the executing/ spending agencies in respect of works which will be completed physically and financially during the current financial year 2020-21.
The Centre further advised that the work-wise/activity-wise releases will be made through BEAMS and the Administrative Secretaries/ DDCs will review the physical and financial progress of completion. Moreover, the new works taken up for execution should be fully verified and conform to the laid down procedures like accord of Administrative Approval/ Technical Sanction, e-tendering, furnishing of Geo-tagged photographs of the project etc.
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