For power purchase funds to be released on monthly basis
Excelsior Correspondent
JAMMU, Apr 1: The Government of Jammu and Kashmir today accorded sanction for the authorization of 50 % funds, under all the detailed heads through BEAMS, under Revenue Budget and for power purchase the funds shall be released on monthly basis out of approved appropriation for 2026-27.
In an order issued here today, the Budget Division of the J&K Finance Department while giving reference of the Jammu and Kashmir Appropriation (No.2) Act 2026, (Act No.II of 2026) dated 27-03-2026, said that the sanction is accorded to the authorization of 50 per cent funds under all the detailed heads through BEAMS under Revenue Budget and for power purchase the funds shall be released on the monthly basis at the rate of 1/12 of BE out of approved appropriation for the financial year 2026-27.
While elaborating on the subject, the Finance Department’s order said that the release of funds shall be considered on case-to-case basis in respect of: 201- Interest, 311-Cost price of food frains, 449-Snow clearance, UT share under Revenue component and Disaster Response Fund (DRF).
However, the order said, the utilization of funds shall be subject to several conditions. It further said that while making allocations and utilization of revenue budget, the controlling officers should stress on the need for further rationalization and optimization of non-developmental expenditure and for protecting capital expenditure.
The electricity and water dues of all Government premises should be cleared in time. Metering of such connections to all the Govt offices/ buildings should be ensured. The Administrative departments while making a request for release of next 50 % funds shall provide the certificates to be issued by the DDOs certifying these payments of electricity and water dues and installation of smart meters. It is further said that the economy should be ensured in budget utilisation for CE , LTC, telephone, POL, advertisements, publicity, hospitality & sumptuary etc activities. These expenditures should be undertaken with due caution and after verifying essentiality in each case.
The order further said that the travel expenditure should be regulated to ensure that each Department restricts its expenditure within the allocated budget. International travel shall not be allowed unless specific permission is granted by the Finance Department. The expenditure shall be made strictly in accordance with GFR 2017. The conduct of camps, seminars and conferences should be done in Govt owned spaces. All the Directors, Finance /FAs and CAOs shall ensure submission of monthly revenue realization statements and they shall also monitor the expenditure. No diversion shall be made under any pretext unless expressly authorised by the Finance Department.
The Treasury officers shall releases have been made by the DDOs through BEAMs and the funds shall be released to the Autonomous Bodies through BEAMS. The PDD shall furnish online electricity bills on monthly basis to each DDO. The DDOs in turn shall contra-credit the monthly billed amount to Major Head : 0801-Power through JKPaySay and so on.
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