Don’t miss the latest developments in business and finance.

J&K Governor reviews 2016-17 budget preparations

Image
Press Trust of India Jammu
Last Updated : Jan 30 2016 | 11:57 PM IST
Jammu and Kashmir Governor N N Vohra today held a meeting at his official residence to review the budget preparations for the financial year 2016-17.
An official spokesman said that the Governor has asked the Chief Secretary and Finance Secretary to expedite the process of finalising the Budget (2016-17) for its timely approval and also keep the papers ready for securing a 'Vote on Account' in case such contingency arises.
The Governor was informed at the meeting that as part of the budget preparations, the Financial Commissioner, Planning and Development and Commissioner, Finance Department have held extensive discussions with all the administrative secretaries and Heads of Departments regarding the preparation of the Revised Estimates (2015-16) and Budget Estimates (2016-17), an official spokesman said.
The officials also held joint reviews to complete the exercise for segregating the Revenue and Capital components of the Budget Estimates (2016-17) due to the inception of the new regime after the Planning Commission was replaced by the NITI Aayog, he said.
The Governor ordered that the budget (2016-17) be brought up on March 1, 2016, for a final decision, the spokesman said.
Vohra also directed the Chief Secretary that the process of regularization of eligible daily wagers and those engaged on contractual basis be expedited for completion by March 1.
He ordered that no fresh casual or seasonal labourer shall be allowed to be engaged by any department or state-owned PSUs.
The meeting was attendedbyB R Sharma, Chief Secretary, PK Tripathi, Principal Secretary to Governor and Navin K Choudhary, Commissioner, Finance Department.

Also Read

First Published: Jan 30 2016 | 11:57 PM IST

Next Story