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Funding of Languishing Projects: Finance Deptt issues guidelines

Asks Administrative Secretaries to designate PIAs, open escrow account

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Jammu, NOV 22: The Government has asked the Administrative Secretaries to urgently designate PIAs (Project Implementing Agencies) in their respective Departments to facilitate transfer of funds for completion of languishing projects approved by the High-Powered Committee.
“To streamline the process of financingand ensure timely completion of languishing projects approved by HPC for funding through Jammu and Kashmir Infrastructure Development Finance Corporation (JKIDFC), all the concerned Administrative Departments shall immediately designate PIAs in their respective Departments,” said an order issued by the Principal Secretary Finance, Navin K Choudhary.
It said each designated PIA shall open an escrow account in J&K Bank Moving Secretariat Branch on immediate basis and the Director Finance/FA&CAO of the concerned Department, Executive Director/Director Finance of JKIDFC and the concerned Bank branch shall execute a tripartite agreement for operationalization of the escrow account. “The whole exercise shall be completed by each Administrative Department within a period of 15 days with intimation to the Finance Department,” it said.
Director Finance/FA&CAO of the concerned Administrative Departments shall strictly ensure that payments are credited to the account of the contractor/implementing agency/vendor/claimant as the case may be directly through DBT, it said adding that it shall be the responsibility of the concerned Administrative Department to formulate a mechanism for submission of the claims to the Director Finance/FA&CAO concerned for settlement of payment through the designated mechanism in a time bound manner.
“Accordingly, all the concerned administrative Secretaries are requested to designate PIAs, open an escrow account and formulate a broad-based mechanism for DBT and timely transfer of funds on real time basis to meet the objectives of completion of languishing projects,” said the order adding that any amount transferred to each escrow account against any claim shall be settled through DBT within 48 hrs of its transfer from JKIDFC.
“Cognizant delay by any Director Finance/FA&CAO should invite penalty to the extent of interest accrued for the delayed payment for which Administrative Department concerned shall be responsible,” the order said adding that to avoid any such situation a coordinated framework shall be adopted by the departments under the overall supervision of Administrative Secretary involving Director Finance/FA&CAO, PIA and other implementing agencies.
Before incurring expenditure over any languishing project out of funds provided through JKIDFC, every Administrative Secretary is requested to ensure completion of the basic requisite formalities and issue a certificate accompanying each payment request.
It said each Administrative Secretary shall have to give a certificate to ensure sanction of Administrative Approval accorded to the original/revised project cost of each such project, to certify that the remaining part of the languishing project is not being funded through any other source of funding, that there is no land acquisition issue involved for the execution of the work, that all the necessary clearances pertaining to Forest and Environment have been obtained from the concerned quarters, wherever required, that original copy of DPR along with Technical Sanction and Cost benefit ratio has been vetted by the competent authority.
The Administrative Secretaries shall also certify latitude and longitude coordinates of each location of the project and ensure geo-tagging of all the languishing projects completed under this dispensation.
They will also ensure uploading of photographs before initiation and after completion of the work funded under this dispensation and submit project completion certificate duly signed by the head of the PIA and countersigned by the Administrative Secretary.
Pertinently, the Government has constituted a High-Powered Committee (HPC) headed by the Principal Secretary Finance for approval of languishing projects for funding through JKIDFC. The High-Powered Committee has in its four meetings convened till date approved 1296 languishing projects in various important sectors involving a cumulative investment of Rs 2720.87 crore.


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Kashmir

War never an option, give peace a chance: Farooq to Indo-Pak

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Srinagar, Feb 23: Jammu and Kashmir National Conference President Farooq Abdullah on Saturday asserted that war unleashes countless miseries on people urging India and Pakistan to end hostiles.

Farooq Abdullah while addressing a gathering at Banihal said, “War with it brings destruction and it does not determine who is right, it only determines who is left. We have seen four wars in our state. If the war takes places, the matters will escalate and invite international notice. Is India ready to see the issue of Kashmir being racked up in the United Nations Security Council?”

Party president maintained that any misadventure aimed at fiddling with the special status of the state of Jammu and Kashmir will have serious far-reaching consequences for the state and the country.

 

“I pray that sanity prevails over the people at the helm of affairs in New Delhi. The situation demands de-escalation.

The hostility between the two nations has held the development of both countries hostage, our state in particular always comes in the line of fire,” he added.

Farooq while appreciating the efforts of the people of Banihal in ensuring the stranded Kashmir bound passengers all help, said, “The resoluteness and unity with the people of Banihal who carried out relief operation for stranded Kashmir bound passengers is worth appreciation. I also congratulate the local wing of NC led by District President Ramban Sajad Shaheen which left no stone unturned to ensure all possible help to the stranded Kashmir bound passengers.”

Farooq while censuring the Government of India for failing to meet the developmental demands of the people of the state said, “We see how China is coming up with infrastructure along the border areas. People may question what the incumbent government was able to achieve during its stint in power. We all know nothing substantial was achieved during the past few years, no infrastructure augmentation. On the contrary, joblessness has increased. This government is only good at rhetoric and slogan mongering,” he said.

Party President later took stock of the arrangements made by local wing of NC for stranded passengers.Farooq also appreciated the people of Ramban for maintaining communal bonhomie and urged them to continue to kindle the flame of brotherhood and communal amity amongst them.

Among others district president Ramban Sajad Shaheen accompanied the party president.

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Govt playing with fire by unleashing terror on unarmed people: PDP

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Srinagar, Feb 23: Peoples Democratic Party (PDP) on Saturday condemned the fresh wave of arrests in Kashmir Valley, questioning the government strategy to turn the already perturbed situation more chaotic and violent.
In a statement issued here, PDP General Secretary Ghulam Nabi Lone Hanjura said that the uncalled for, unjustified and undemocratic means are being adopted in Kashmir by the government with a sole motive to silence the peoples’ voice.
He added that reign of terror is being unleashed with people as old as 80 years being bundled in jails by the governor administration without any reason.
He also condemned the nocturnal raids launched last night in Kashmir’s different parts and terror reminiscent of Ikhwan period being uncashed upon the people.
“It is nothing but a clear war hysteria being created in Kashmir wherein things were subtly returning to equanimity. People are being unnecessarily harassed and intimated with fear being manufactured across Kashmir. We condemn such a state action and demand immediate rollback of such muscular policies,” said Hanjura.
He also cautioned the central government over fiddling with the state’s special status, saying that protection of Article 35-A is a matter of life and death for the people of the state and they can render immense sacrifices for the protection of their unique identity.
Hanjura said that instead of a confrontational approach, the central government should understand the gravity of the situation and take reconciliatory measures which is not only beneficent for the people of Kashmir alone but for entire south Asia.

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‘Force and intimidation’ will only worsen situation: Mirwaiz

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Srinagar, Feb 23: Moderate Hurriyat Conference chairman Mirwaiz Umar Farooq on Saturday condemned JKLF chief Yasin Malik’s detention and the crackdown on the Jamaat-e-Islami Jammu and Kashmir leadership, saying “force and intimidation” would only “worsen” the situation.
Police swooped on Jamaat-e-Islami Jammu and Kashmir members in Kashmir during the intervening night of Friday and Saturday, and detained around two dozen of its cadres, including its chief Abdul Hamid Fayaz, hours after JKLF chief Yasin Malik was detained on Friday night.
“Strongly condemn the nocturnal crackdown on Jamat-e-Islami leadership and cadres and the arrest of Yasin Malik. Such illegal and coercive measures against Kashmiris are futile and will not change realities on ground. Force and intimidation will only worsen the situation,” Mirwaiz posted on Twitter.
The action comes days after an attack on a convoy in Pulwama district in which 40 CRPF personnel lost their lives on February 14.

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