Recently LG Manoj Sinha reviewed department-wise progress for Financial Year 2023-24.
He chaired a high-level meeting on Budgetary Expenditure. He reviewed department-wise progress for Financial Year 2023-24.
It is heartening to see that capital expenditure has achieved 102 percent growth in 2023-24 as compared to 2018-19
J&K is touching greater heights today as the focus on massive infrastructure development is towards meeting the aspirations of people and building Atma-Nirbhar J&K.
He called upon the officials for 100% utilization of funds available under CSS and Capex.
The meeting was attended by Sh Atal Dulloo, Chief Secretary; Sh Dheeraj Gupta, Additional Chief Secretary Forests; Sh Santosh D Vaidya, Principal Secretary, Finance Department, Administrative Secretaries and senior officials.
He took appraisal of the department-wise progress achieved in the Financial Year 2023-24 and called upon the officials for 100% utilization of funds available under Centrally Sponsored Schemes and Capex.
It is heartening to see that capital expenditure has achieved 102 percent growth in 2023-24 as compared to 2018-19. We have also registered an impressive increase in Excise and other Tax & non-tax Revenue. These are the indicators of a streamlined financial prudence system in place in the Union Territory.