Key reforms

The Government of Jammu and Kashmir has introduced key reforms in every important limb of its administration. In order to streamline the financial system, the J & K administration has taken a number of measures.

JK Govts’ key reforms brought its Financial Structure at par with any progressive system across country

Key reforms introduced by the Jammu and Kashmir government in its financial structure envisaging added transparency and accountability have brought UT’s fiscal system at par with any other progressive arrangement across the country.

Implementation of transformative reforms such as Budget Estimation and Allocation Monitoring System (BEAMS), online submission of bills through J&K PaySys, mandatory administrative approvals, technical sanctions and e-tendering, digital payments, GFR, GeM and related measures have greatly helped the financial systems in J&K to be at par with any other developing financial system in the country.

Publication of pictorial e-compendiums related to projects completed under Back to Village, District Capex, UT Capex and JKIDFC broadly reflects the government’s commitment towards engaging with the citizens. This is the first time in the Union Territory of J&K that people are able to oversee works being executed in their areas on a real time basis. During 2020-21, more than 18,000 works were available on the EMPOWERMENT portal for the first time in J&K for public viewing thus bringing in real grass root empowerment.