Finance Department Announces Schedule for 2024-25 and 2025-26 Budget Discussions in J&K
Government of Jammu and Kashmir Finance Department-Civil Secretariat Srinagar/Jammu (Budget Division) BUDGET URGENT TIME BOUND
The Finance Department of Jammu and Kashmir has issued an urgent and time-sensitive notification regarding the schedule for discussions on the Budget proposals for Revised Estimates 2024-25 and Budget Estimates 2025-26. Key highlights of the circular are as follows:
- Start Date for Discussions: The discussions are scheduled to begin on 27th November 2024.
According to notification the discussions on Budget proposals of Revised Estimates 2024-25 and Budget Estimates 2025-26 both under Revenue and Capital Components including CSS/PMDP/Loan Component shall start from 27th November, 2024. The detailed schedule for discussion is enclosed herewith as Annexure “A”.
The departments are advised to furnish Action Taken Reports (ATRs) on the Budget Announcements, if any, besides complete details of Establishment Budget & FRBM to the Finance Department much ahead of the scheduled date of discussion.
The department shall also furnish PPT regarding data on staffing (sanctioned, in place, contractual etc.), trends of scheme wise revenue and capital expenditure, revenue receipts (over the last five years/ scope for enhancement of receipts), details of major projects initiatives, total liability of ongoing projects besides also incorporate achievements against deliverables and next year’s “Key Features with output/outcome and targets” (both in soft and hard copy).
The departments shall call only those officers to participate in their respective budget meeting in the Finance Department as are felt absolutely necessary. The Heads of the Departments stationed at Srinagar shall participate through video conferencing from Civil Secretariat, Srinagar.