Kumar Bahukhandi
Raipur : Finance Minister OP Chaudhary has written a letter to the ministers of various departments under the budget for the year 2024-25. The Finance Minister has written this letter on the low expenditure of the budget amount in the departments of five ministers. Finance Minister Chaudhary has urged the ministers to increase the pace of expenditure. He has said that the budget is not being spent in the proportion in which it should have been spent.
Finance Minister Chaudhary has clarified in the letter written to the ministers that as per the prescribed criteria of the budget, targets have been set for each quarter for capital expenditure and according to this, capital expenditure gives impetus to the economy with continuity in the works.
The Finance Minister has requested that the fulfillment of budget targets can be ensured by preparing an action plan and through regular supervision. This will help in achieving the targets on time and will have a positive impact towards overall development.
Finance Minister Chaudhary has written a letter to Home Minister Vijay Sharma and said that in the budget of the year 2024-25, as against the provisions made for capital expenditure in the budget related to your department, till the month of August, much less expenditure has been made as compared to last year. There has been a capital expenditure of 171 crores in the Panchayat and Rural Development Department and 31 crores in the Home Department. As per the expenditure limit fixed for the departments by the Finance Department, 40 percent (25 percent in the first quarter and 15 percent in the second quarter) is to be spent in the first six months.
It is necessary to spend continuously and regularly supervise the works approved under the capital expenditure schemes in the department. Higher capital expenditure has a qualitative effect on the creation of jobs and giving impetus to the economy. He has written in the letter that timely payment to construction companies / contractors for construction works under capital expenditure ensures completion of the works within the stipulated time period. This also improves the quality of the work and also reduces the tender rates of the works in future. Therefore, please instruct your subordinates to pay all regular dues pending till 31 July 2024 by 30 September 2024.
At the same time, Finance Minister Chaudhary has said in a letter written to Agriculture Minister Ramvichar Netam that in the budget of the year 2024-25, as against the provisions made for capital expenditure in the budget related to your department, till the month of August, much less expenditure has been made as compared to last year.
Capital expenditure of Rs 20 crore has been made in Tribal Development Department, Backward Classes and Minority Development Department and Rs 18 crore in Agriculture Development and Farmers Welfare Department. As per the expenditure limit prescribed for the departments by the Finance Department, 40 percent (25 percent in the first quarter and 15 percent in the second quarter) is to be spent in the first six months. It is necessary to have continuous expenditure and regular supervision in the works approved under the capital expenditure schemes in the department. Higher capital expenditure has a qualitative effect on the creation of jobs and giving impetus to the economy.
Finance Minister Chaudhary has also written a letter to Forest Minister Kedar Kashyap and said that in the budget of the year 2024-25, as against the provisions made for capital expenditure in the budget related to your department, till August, much less expenditure has been made as compared to last year. Capital expenditure of Rs 655 crore has been made in the Water Resources Department and Rs 80 lakh in the Forest and Climate Change Department.
As per the expenditure limit prescribed for the departments by the Finance Department, 40 percent (25 percent in the first quarter and 15 percent in the second quarter) is to be spent in the first six months. It is necessary to have continuous expenditure and regular supervision in the works approved under the capital expenditure schemes in the department.
Finance Minister OP Choudhary has written a letter to Urban Administration Minister Arun Saw and said that in the budget of the year 2024-25, much less expenditure has been made in the budget related to your department till the month of August as compared to last year. Capital expenditure has been made in the Public Works Department of Rs 1320 crore, in the Public Health Engineering Department of Rs 220 crore, in the Urban Administration Department of Rs 348 crore and in the Law and Legislative Affairs Department of Rs 2.29 crore.
It is necessary to have continuous expenditure and regular supervision in the works approved under the capital expenditure schemes in the department.
Reminding to Health Minister Shyambihari Jaiswal, Finance Minister OP Choudhary has written that in the budget of 2024-25, as against the provisions made for capital expenditure in the budget related to your department, till August, much less expenditure has been made as compared to last year. Capital expenditure of 91 crores has been made in the Public Health and Family Welfare Department and 15 lakhs in the Medical Education Department. As per the expenditure limit prescribed for the departments by the Finance Department, 40 percent (25 percent in the first quarter and 15 percent in the second quarter) is to be spent in the first six months. It is necessary to have continuous expenditure and regular supervision in the works approved under the capital expenditure schemes in the department. Higher capital expenditure has a qualitative effect on the creation of jobs and giving impetus to the economy.
