J-K Govt Authorization of Funds for FY 2025-26

Representative Image

Dil Bar Irshad | April 13, 2025 | 09:01 AM IST | Breaking News, Jammu Kashmir | Follow on Google News

J-K Govt Authorization of Funds for FY 2025-26

VoM News

The Jammu & Kashmir Government has accorded sanction for the authorization of 90% funds under all detailed heads, except “003 – Leave Travel Concession”, for which only 50% funds are released through BEAMS under the Revenue Budget. For power purchases, funds shall be released on a monthly basis at the rate of 1/12th of the Budget Estimate (BE) out of the approved appropriation for the financial year 2025-26.

The release of funds in respect of the following detailed heads shall be considered on a case-to-case basis:

201 – Interest

311 – Cost Price of Food Grains

449 – Snow Clearance

UT Share under Revenue Component

Disaster Response Fund (DRF)

Funds in respect of the following heads shall be released under the Capital component of the Budget. These include:

Office Equipment and Appliances

Machinery and Equipment

Purchase of Vehicles

Furniture and Furnishings

Land Compensation

Utilization of Funds – Conditions

Utilization of funds shall be subject to the following conditions:

1. While making allocations and utilization of the revenue budget, Controlling Officers should emphasize the need for rationalization and optimization of non-developmental expenditure and prioritization of capital expenditure.
2. Electricity and water dues of all government premises must be cleared in time. Metering of all such connections should be ensured.
3. Economy must be ensured in budget utilization for OE, LTC, telephone, POL, advertisements, publicity, hospitality, sumptuary, etc. These expenditures should be undertaken cautiously and only after verifying their necessity.
4. Travel expenditure should be strictly regulated to ensure that departments stay within their allocated budgets. International travel is not permitted unless specific approval is granted by the Finance Department. Domestic travel must be in economy class, regardless of entitlement.
5. Camps, seminars, and conferences should be held in government-owned spaces, and utmost economy should be observed. Purchase of new vehicles should be minimized and must follow the government’s car policy. Existing vehicle deployment should be thoroughly evaluated.
6. Non-priority revenue expenditure should be reduced by rationalizing/redeploying staff, conducting cadre reviews, enforcing biometric attendance, and adhering to e-tendering/GeM protocols.
7. Departments shall review revenue receipts for the past three years and actively pursue all pending receivables from public and private entities.
8. Controlling Officers shall ensure that budgetary allocations align strictly with the Demand for Grants as per the Jammu and Kashmir Appropriation (No. 2) Act, 2025 (Act No. III of 2025), dated 25.03.2025.
9. Controlling Officers must release funds to line departments within one week of authorization by the Finance Department. Director Finance/FA & CAOs at the administrative level must report monthly compliance to the Finance Department.
10. Expenditures must align strictly with the GFR 2017 guidelines.
11. Priority must be given to clearing any undischarged liabilities/dues without delay.
12. All procurement of goods and services shall be made via the GeM portal, per GFR 2017 and procurement manuals.
13. E-tendering must be completed in a time-bound manner, with all tendering finalized by or before 30th April 2025 for FY 2025-26.
14. Departments must ensure a uniform pace of expenditure. No more than 30% of the total budget should be spent in the last quarter, and only 15% in the final month.
15. No diversion of funds is permitted unless expressly authorized by the Finance Department.
16. Controlling Officers/Budget Controlling Officers must monitor revenue collection monthly, per targets in the Annual Financial Statement, 2025-26, accessible via the Finance Department’s website and BEAMS.
17. Departments must also review revenue and expenditure of local funds held by Boards, hospitals, colleges, and GIA institutions, ensuring compliance with GFRs, CVC, and tendering guidelines.
18. Directors Finance/FA & CAOs must submit monthly revenue realization statements and monitor BEAMS expenditure statements.
19. All government transactions must be electronic. No cash transactions are permitted, except for small denominations.
20. Periodic reconciliation of remittances and drawals must be conducted with the Treasury and the Office of the Principal Accountant General (A&E), J&K.
21. Funds shall be used strictly for their authorized purposes per GFR 2017, with no re-appropriation/diversion at any level.
22. Beneficiary-oriented scheme funds must be disbursed through DBT with 100% Aadhaar seeding (beneficiary and account). Monthly reviews and updates to the DBT portal are mandatory.
23. Departments must reconcile salary, wages, honorarium, scholarship, and stipend expenditures with actual beneficiary counts and DBT portal data.
24. Treasury Officers must ensure all releases are processed through BEAMS and shall be held personally liable for unauthorized payments.
25. Expenditures must be incurred within the allotted quarter(s).
26. Funds for Autonomous Bodies must be released through BEAMS and used object head-wise. Grantee bodies must provide bank balances, BoD meeting status, annual accounts, and previous UCs.
27. The ban on engagement of casual, need-based, and daily-wage workers continues.
28. Expenditures must align with the head of account provided in the Demand for Grants and BEAMS portal.
29. Treasury Officers must not permit parking of funds under Civil Deposits unless sanctioned by the Finance Department.
30. Rent bills must not be processed without a valid Rent Assessment Order from the competent authority.
31. The Power Development Department must furnish monthly online electricity bills to each DDO. DDOs must contra-credit the billed amount to Major Head: 0801 – Power via JKPaySys. No electricity bills shall be drawn in cash.
32. Expenditures must be outcome-based. Wasteful expenditure is to be avoided. Monthly outcome reviews shall be conducted by the Finance Department.
33. Departments must submit revenue realization reports (FY 2021-2025), reports on receivables, and reports on local fund expenditures when requesting additional funds.
34. Departments must prioritize implementation of the “Budget Announcements” and “Deliverables” for FY 2025-26. Achievements will be reviewed periodically by the Finance Department.
35. Action plans must comply with directions from the Council of Ministers and consider the priorities of elected representatives.

Dil Bar Irshad

Dil Bar Irshad is a seasoned journalist, hails from Jammu Kashmir's Doda, covers political, social, business stories, index stories.