No spending, no tender after Feb 15: Finance dept order for fiscal year-end

3 hours ago 1

Mumbai concern   deptThe restrictions volition beryllium successful spot till March 31. (Express File Photo)

In a bid to power the expenditure connected unnecessary and non-priority items arsenic good arsenic to power the currency travel of the estimated fund successful past 3 months of the fiscal year, the Maharashtra concern section has ordered to halt giving support to acquisition orders aft February 15 and asked to not contented tenders aft this date.

The restrictions volition beryllium successful spot till March 31.

A authorities solution dated January 17 directed departments that irrespective of administrative approvals earlier February 15, nary tenders tin beryllium issued aft this date. The GR has besides disallowed expenditure for repair works of the existing furniture, computers, and photocopy machines, organising regular workshops and seminars by assorted authorities departments.

Following the announcement of a fig of populist schemes anterior to elections, particularly the CM Majhi Ladki Bahin strategy whereby Rs 1,500 was being fixed to women beneath the poorness enactment each month, the fiscal shortage of the authorities has gone beyond Rs 1 lakh crore. Such measures are besides meant to support a cheque connected the expenditure and prevention money.

The order, however, has exempted the procurement of medicines by authorities hospitals and the ongoing schemes wherever backing comes from the Centre arsenic good arsenic the state.

It stated that the ongoing projects being funded by non-governmental agencies and overseas backing volition beryllium exempted from this ban.

“The authorities has noticed that a immense magnitude is spent during the past 3 months of the fiscal year. The authorities has frankincense decided not to springiness support to immoderate specified procurement orders oregon proposals submitted to the concern section connected and aft 15 February,” the GR said.

An authoritative from the concern section said that the directions are portion of the regular process from the authorities and has thing to bash astir measures to prevention wealth owed to rising fiscal deficit. “Financial subject is important. Several audit reports successful the past person pointed retired the hurry successful expenditure of budget successful past 3 months of the fiscal. This GR is portion of the attempts to bring successful that discipline,” said the official.

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