Release of Fund
Allotment of fund relating to Plan and Non-Plan expenditure for Salary Items and Non-Salary Items, Rural Infrastructure Development Fund etc.
To release fund up to 100% of the whole year’s Budget Provision for the financial year 2022-23 relating to Administrative Expenditure under Scholarship & Stipends (34-00) for Health & Family Welfare Department.
Governor has now been pleased to decide to release further fund of Rs. 714.50 Crore relating to State Development Scheme under relevant heads of account earmarked for RIDF Projects.
All the Departments are requested to make available to all offices under its control necessary allotment of fund within the last working day of the financial year 2013-2014 to square off the shortfall under various detailed heads for which bills were passed by the Treasuries/ Pay and Accounts Offices in anticipation of allotment of fund.
Administrative Departments/ Controlling Authorities are authorized to allot/ release Plan fund upto 100% of Budget Provision under Core Plan except under 33-Subsidies, 55-Loans and Advances, 54-Investment.
The Administrative Departments/ Controlling Authorities may make further allotment of fund up to current year’s budget provision relating to Non-Plan expenditure for Non-Salary items up to March, 2016.
No further concurrence of Gr T of Finance Department would be required for transferring the same to the earmarked/ designated bank account of the State Nodal Agency (SNA) of that Scheme.
The Additional Chief Secretary/ Principal Secretary/ Secretary of the administrative department can approve release of RIDF fund after processing of the same by the departmental Financial Advisor (FA).
Departmental Financial Advisors will release fund to the Companies, Corporations, Local Bodies and parastatals with effect from 1st September, 2014 only if e-tender norms are properly followed.
Governor has been pleased to introduce the Online System for Credit Confirmation-cum-Release of Funds as an e-Governance activity with the object of expeditious release of fund under different Central flagship programmes.
The Administrative Departments may ensure before releasing any fund on these accounts that the previous released amounts have been substantially utilized, so that the moneys do not remain idle in the bank accounts.