CM Omar directs departments to accelerate CAPEX expenditure, ensure timely utilization of funds
SRINAGAR, July 28 -- Chief Minister Omar Abdullah chaired a high-level review meeting on Capital Expenditure (CAPEX) at the Civil Secretariat here and directed all departments to significantly accelerate the pace of expenditure, emphasizingthat timely utilization of available funds is critical for infrastructure development, public service delivery and sustained economic growth.The Chief Minister underscored the need for focused attention on departments lagging in expenditure and cautioned against the practice of delaying spending until the closing months of the financial year."To have money and not spend it is incompetence. This is very difficult to justify. Not having money is easier to explain, but it is impossible to explain when fund...
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इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.