Rs 1,313 crore released to Treasuries

SRINAGAR: The government Friday said it released Rs 1,313 crore to the state’s Treasuries between March 16 to 20.
“The payments have been authorized mainly in respect of GP Fund & Gratuity/Commutation to the extent of Rs 200 crore, Contractors and Firms Rs 400 crore and purchase of Power Rs 300 crore,” Director General Accounts and Treasuries, Finance Department, said in an official handout issued here.
“With release of the amount, the liabilities of contractors have been cleared…,” it added.