Srinagar: The Jammu and Kashmir finance minister, Rahim Rather on Saturday while stating that time has come to remove the deadwood from finance department, admitted that there were 'violations of financial discipline' in the state.
Rather told a meeting of officers of his department in Jammu that several instances of financial indiscipline have come to light and warned the officers against such practices.
He said the officers of the finance department, especially financial advisors and chief accounts officers, were 'watchdogs of state exchequer' but regretted that 'some gross violations of financial discipline and codal formalities have surfaced in some cases'.
Rather said this was 'most unfortunate and unacceptable'.
'The state's fragile economy cannot afford financial indiscipline or irregularity of any kind of public money,' he said, adding that 'time has now come to remove the deadwood from the department'.
While giving details Rather said, despite implementation of sixth-pay commission in the state, the General Provident Fund (GPF) subscription has not increased.
“This speaks about non-seriousness of some finance controlling officers, which cannot be compromised” Mr. Rather said adding that officers indulging in fiscal indiscipline shall have to face the action shortly.
He said within three months another meeting will be held to review performance indicators of each officer. “Strict action under rules shall be taken against poor performers which shall include even termination of services, Mr. Rather added.
According to records, Jammu and Kashmir's total income from all its resources is Rs.3,200 crore, while its wage bill alone runs to Rs.14,700 crore.
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