UP govt calls for austerity in budget spending

70

Lucknow, March 13 (IANS) Yogi Adityanath-led Uttar Pradesh government has issued directives to all departments to implement austerity measures while issuing financial sanctions in accordance with the provisions of the annual budget for 2024-2025.

The state government had previously requested its departments to implement fresh measures to reduce expenditure and ensure the availability of funds to combat Covid-19 from 2020 to 2022.

Additional chief secretary (Finance), Deepak Kumar, in his 17-point directives sent to all department heads, has said, “Ensure compliance with the directives issued by the state finance department about austerity measures in government expenditure and expenditure management.”

Administrative departments have also been instructed to ensure that expenditure remains within the authorised limits of budgetary provisions.

In case of new construction works, departments are directed to issue financial sanctions in one or more installments according to the guidelines.

For projects involving expenditure of less than Rs 50 crore, departments have been instructed to appoint a government construction agency with the approval of the minister in-charge of the department.

Additionally, the directives provide for the execution of work on an EPC model for projects exceeding Rs 50 crore.

–IANS

amita/uk

Go to Source

Disclaimer

The information contained in this website is for general information purposes only. The information is provided by BhaskarLive.in and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Through this website you are able to link to other websites which are not under the control of BhaskarLive.in We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.

Every effort is made to keep the website up and running smoothly. However, BhaskarLive.in takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.

For any legal details or query please visit original source link given with news or click on Go to Source.

Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.

If you are not willing to accept this disclaimer then we recommend reading news post in its original language.

Online Cricket Play Online