Department will spend only 20 percent on new works in Uttarakhand

Dehradun: The Finance Department has issued guidelines for income and expenditure for the financial year 2023-24. The approved budget for this fiscal year is 77407.08 crore with a provision of 13133.80 crore for capital outlay, a 21.16 percent increase from the previous year. Secretary Finance Dilip Javalkar has instructed department heads, finance controllers, and higher officials to allocate 80 percent of the capital outlay to ongoing works, with only 20 percent for new projects. Works that have not yet commenced will be canceled and require fresh approval based on new estimates.

All departments have been asked to pay special attention to the economy. After the guidelines were approved by Governor Lt. Gen. Gurmeet Singh (Senior), the Finance Department issued them to all departments. They have also been instructed to spend at least 10 percent of the small construction amount on the welfare and accessibility of the disabled.

The government has directed that works costing over five crores will be audited compulsorily. For works costing less than Rs 50 lakh, departments are to release a lump sum amount. For works ranging between Rs 50 lakh and Rs 2 crore, funds will be released in two installments of 60 percent and 40 percent. Projects worth more than two crores will have funds released on the basis of 40-40-20 percent.

The state government has set a goal to make Uttarakhand the leading state in the country by 2025. The budgetary provisions reflect this resolution, and the government’s challenge is to utilize the budget to increase financial resources.

This main arrangement in the budget

26 percent budget of district plan increased. 925.50 crore provision

The budget of Horticulture Department was increased to 815.66 crores. 50 thousand poly houses will be set up

100 crores will be spent for work force development.

Arrangement of 40 crores for the Chief Minister’s Self-Employment Scheme

Provision of grant of 26 crores for industries

15 crores will be spent on coarse grain campaign

250 crore for widow pension

110 crores for Song Dam for Dehradun’s drinking water.

1000 crores for landslides in Joshimath and other places.

215 crores for balance payment of sugarcane

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