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J-K govt failed to surrender budgetary savings Featured

July 20

The state Government of Jammu and Kashmir government has "violated the state budget manual" after it failed to surrender around Rs 10,520 crore as budgetary savings, the Comptroller and Auditor General (CAG) of India said in a report.

"At the close of the year 2015-16, there were 22 grants and five appropriations (state budget) in which savings (Rs 10,520.33 crore) occurred. However, during the anticipation of savings, no surrender was made by the concerned government departments," CAG report for the year ending March 31, 2016, said.

The CAG report said that the State finance department has failed to surrender Rs 2,189 crore, Rs 2,691.80 crore by planning and development department, Rs 1,347 crore by revenue department, Rs 707.60 crore by PDD, Rs 506.59 crore by public works department, Rs 496.95 crore by health and medical education department, Rs 496.69 crore by rural development department.

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