Advertisement

HindustanTimes Wed,22 Oct 2014

'J&K did not submit Rs. 2,118 cr worth utilisation cert'

PTI  Jammu, April 11, 2013
First Published: 13:58 IST(11/4/2013) | Last Updated: 18:03 IST(11/4/2013)

The Comptroller and Auditor General has pulled up Jammu and Kashmir government for failing to submit 2,931 Utilisation Certificates amounting to over Rs. 2,118 crore to the Centre as on March 2011.

Advertisement

"A total number of 2,931 Utilisation Certificates amounting to Rs. 2,118 crore were outstanding as of 31st March 2012," CAG report on state finances for the year ended 31st of March 2012, said.

The report, which was recently tabled in the JK Assembly, said, of these, UCs amounting to Rs. 1,727 crore were outstanding for more than one year.

"It was as high as 7.4 per cent of the total expenditure incurred in 2011-12 and requires close monitoring", CAG report,said.

According to rules, for grants provided for specific purpose, UCs should be obtained by the departmental office Rs. and after verification, these should be forwarded to Accountant General within 18 months from the date of their sanction unless specified otherwise, the report said.

Terming it a "lacklustre attitude", the CAG said pendency of submission of UCs was bound to affect flow of the funds to these agencies in future.

CAG strongly recommends timely submission of UCs in respect of the grants released for specific purposes to the grantee institutions.

It may recalled that the Utilisation Certificates in respect of 2,584 work items amounting to Rs. 1,752.44 crore were outstanding as of March 2011.


Advertisement
more from India

Amit Shah brings in new faces for BJP posts

BJP chief Amit Shah on Tuesday carried out a major reshuffle of the organisational assignments of office bearers, giving important assignments to performer and bringing in new faces.
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved