Raipur. Finance Minister OP Choudhary has written a letter to the ministers of various departments under the budget of 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 Choudhary 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 a letter to the ministers that targets have been set for capital expenditure for each quarter as per the prescribed criteria of the budget and capital expenditure as per this gives impetus to the economy along with continuity in work. 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. Capital expenditure of Rs 171 crore has been made in the Panchayat and Rural Development Department and Rs 31 crore 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 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 accelerating the economy.
He has written in the letter that timely payment to construction companies / contractors for construction works under capital expenditure ensures completion of works within the stipulated time period. This also improves the quality of works and also reduces the tender rates of works in future. Therefore, please instruct your subordinates to pay all the regular dues pending till 31 July 2024 by 30 September 2024.
At the same time, Finance Minister Chaudhary has said in a letter 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 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 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 accelerating the economy.
At the same time, Finance Minister Chaudhary has 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 the month of 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 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 have continuous expenditure and regular supervision in the works approved under the capital expenditure schemes in the department.
Finance Minister OP Chaudhary 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 of Rs 1320 crore in the Public Works Department, Rs 220 crore in the Public Health Engineering Department, Rs 348 crore in the Urban Administration Department and Rs 2.29 crore in the Law and Legislative Affairs Department. It is necessary to have continuous expenditure and regular supervision in the works approved under the capital expenditure schemes in the department.
At the same time, in a letter written to Health Minister Shyambihari Jaiswal, Finance Minister OP Choudhary has said 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 Rs 91 crore has been made in the Public Health and Family Welfare Department and Rs 15 lakh in the Medical Education 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 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 accelerating the economy.