Committee on Estimates to examine fund utilization in J&K

Srinagar, Jun 18: The Committee on Estimates Wednesday resolved to conduct a comprehensive review of fund utilization in Jammu and Kashmir.
The decision was taken during an introductory-cum-review meeting conducted by the Committee at the Assembly Complex in Srinagar.
The meeting was presided over by Chairperson of the Committee, Shamim Firdous and attended by members including Ghulam Ahmad Mir, Abdul Majid Bhat (Larmi), Pawan Kumar Gupta, Chander Prakash Ganga, Pyare Lal Sharma and Arjun Singh Raju.
Secretary, Legislative Assembly, Manoj Kumar Pandita welcomed the participants and deliberated regarding functions on the Committee.
Also present were Director General, Accounts and Treasuries, Fayaz A Lone, Director General, Budget MS Malik and officers from the concerned departments.
The Chairperson emphasized that the Committee would examine whether the funds allocated for various developmental projects as per budgetary provisions have been properly utilized.
She stated that the Committee will also recommend effective and alternative policy measures to enhance the administrative efficiency and economy. Besides, it will formulate a report suggesting improvements in the organizational structure, economics, efficiency and administrative reforms in line with the policy objectives of the Estimates Committee.
The Committee resolved to review the functioning of key departments, scrutinize the budget estimates and analyze the original estimates, revised estimates and actual expenditures incurred on different developmental projects.
During the meeting, the members shared their suggestions and raised issues related to fund utilization. They reasserted their commitment towards working diligently for public welfare and regional development.
It was decided that a department-wise review would be conducted in the coming sessions to ensure effective fund utilization and timely completion of projects.