Finance dept to take over expenditure allocation from Planning dept

Finance dept to take over expenditure allocation from Planning dept
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SRINAGAR: In a significant decision, the State Administrative Council (SAC), which met on Tuesday evening under the chairmanship of Governor Satya Pal Malik, approved transfer of expenditure allocation powers from the Planning to the Finance Department.
As per the decision, the expenditure functions including allocation of resources, authorisation, releases, revalidation, re-appropriation, etc, which were earlier performed by the Planning, Development and Monitoring Department, shall be henceforth exercised by the Finance Department.
Giving details, the Chief Secretary said that in the restructured format, the Finance Department will look after supervision and management of all Treasuries and payments, all C&AG matters including Annual Audit Report and follow up, examination of all proposals for creation/abolition/ rationalisation of posts across the department, review of all Rules and Regulations regarding service matters, all matters pertaining to regularisation etc, opinion on all issues related to pay and allowances, study leave/Medical Rules etc, all matters pertaining to resource generation through Financial Institutions, monitoring of fund flow under Centrally Sponsored Schemes, all matters pertaining to GST, Excise and other taxes, all personnel and policy matters pertaining to Commercial Taxes and Excise Department, Revenue Estimation for budget preparation as well as monthly monitoring of revenue collection, preparation of Annual Budget, etc.
The Planning, Development & Monitoring Department shall be looking after monitoring of special projects like PMDP and other national programmes like Ayushman Bharat, Saubhagya and Ujjwala, etc, preparation of Vision document/plan for various sectors on long term basis, preparation of Action Plan to improve key parameters in Health, Education, or other social sectors, examination of various policy documents issued by the Central Line Ministries and adaptation of the same with revision as may be required to the State, collection of economic and statistical data and preparation of annual report thereof, providing key inputs for budget preparation, and consultancy services.
The Planning Development & Monitoring Department shall be the Cadre Controlling Authority of J&K Economics & Statistics Service for the time being.
A committee comprising Principal Secretary, Finance as Chairman and Principal Secretary, PD&MD and Commissioner/Secretary, GAD as its Members, will recommend the deployment of PD&MD staff across the two Departments.
Information Dept