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The Latest Breaking News from the Finance Department

Jammu and Kashmir govt imposes spending curbs, restricts official events

Jammu and Kashmir government has implemented stringent expenditure-control measures to ensure fiscal discipline. Restrictions are now in place for official functions, foreign travel, vehicle purchases, and hiring of office spaces. The directive emphasizes utmost economy, discouraging non-essential travel and promoting virtual alternatives for events.

The Economic Times

Odisha govt mandates EV use for official work, pushes virtual meetings

Odisha government mandates virtual meetings and a 10% fuel cut across departments. Chief Minister Mohan Charan Majhi's directive emphasizes electric vehicle adoption for official use from June 1, with exceptions for special circumstances. Senior officials must now carpool, and public transport is encouraged for distant official travel, aiming for significant…

The Economic Times

Albanese announces first woman Treasury secretary and a ‘roundtable’ on boosting productivity

Treasury head Steven Kennedy will become Anthony Albanese’s right-hand bureaucrat, while Treasury will get its first female secretary, with the appointment of Jenny Wilkinson, who currently heads the Finance Department.

The Conversation

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Report into cost-increase and delays suffers its own cost increase, delays

The EY review into a blighted IT project is still months away.

The Canberra Times

BBMP clears 84% of total pending bills for work completed under State grant

BBMP clears 84% of pending bills under Amrutha Nagarothana scheme, releasing ₹2,700 crore in 2023-24.

The Hindu

Report progress made on budget announcements without fail, departments told

The State government has directed departments to report the progress made on schemes and projects announced in the 2024-25 State Budget without fail in the months ahead.

The Hindu

Tax revenue from fuel sale up by ₹445.25 crore

The tax revenue from the sale of petrol and diesel in the State increased by ₹445.25 crore in 2023-24 compared to the previous fiscal, according to the Finance Department.

The Hindu

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Finance Dept. has proposed discontinuing guarantees to some after LS polls: Bellad

Deputy Leader of the Opposition in the Assembly Arvind Bellad on Thursday claimed that the State government’s five guarantees would discontinue after the Lok Sabha elections in April-May and the Finance Department had already flagged the financial difficulties being faced by the State by the implementation of the guarantees.

The Hindu

Kerala Assembly | Deputy Speaker Chittayam Gopakumar seeks special package for Supplyco

Deputy Speaker urges State Government to protect cash-strapped Supplyco, criticizes Finance Department for withholding funds to projects.

The Hindu

HR&CE Dept. seeks special rates for uncut granite works in temples

The Hindu

Uncertainty looms large over spree of fund releases order by former CM K. Chandrasekhar Rao through SDF

The fate of the promises made by former Chief Minister K. Chandrasekhar Rao for development of urban and rural local bodies in the run-up to the previous Assembly elections is in a jeopardy. Mr. Rao has assured release of huge funds to municipal corporations, municipalities and panchayats for their all-round…

The Hindu

Over 900 guest teachers at Maulana Azad Model Schools go without salaries for four months

Over 900 guest faculty teachers at Maulana Azad Model Schools haven’t received their salaries for over four months now. This is owing to fund crunch in the Minority Welfare Department and administrative issues with the Finance Department.

The Hindu

Legislative Council: Karnataka govt. proposes recruitment of 4,521 teachers in aided high schools, says Madhu Bangarappa

Minister for School Education and Literacy S. Madhu Bangarappa told the Legislative Council on Monday that his department has sought the concurrence of the Finance Department to fill 4,521 vacant sanctioned posts of teachers in government aided private high schools in the State.

The Hindu

Corruption imputations, denials and taunts mark CPI(M)-Congress weekend sparring

Imputations of corruption, forceful denials, and retaliatory taunts revolving around the opposition’s accusations of corruption against Chief Minister Pinarayi Vijayan’s daughter, T. Veena, seemed to characterise the political sparring between the CPI(M) and Congress on Sunday.

The Hindu

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The Hindu

Stop using star hotels and expensive facilities for events, government departments told

The Finance department wants government departments to cut down unnecessary expenses and put in place belt-tightening measures

The Hindu

Congress leaders now defend MLA being made KKRDB chairman

Ajay Singh & Priyank Kharge defend MLA's appointment as KKRDB chairman, citing better coordination & collective decisions. They argue that an MLA can devote more time to the task than a Minister. Kharge admits reservations, but urges all reps to join hands & work for region's development. Board meeting to…

The Hindu

‘Release of pending funds assured for work on court complex in Ballari’

Law Minister H.K. Patil responds to MLA Na.Ra. Bharath Reddy's request to release pending ₹21.90 crore for Ballari District Court Complex. Patil writes to Finance Dept. & assures of raising issue in Cabinet. Revised estimate of ₹121.90 crore approved, ₹21.90 crore yet to be released.

The Hindu

A busload of problems in Kerala State Road Transport Corporation

Cash-strapped KSRTC faces crisis as CMD steps down due to High Court raps and inter-departmental feuds. Kerala government must find lasting solution to issues, involve all stakeholders and keep KSRTC afloat to serve 25 lakh passengers a month.

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The Hindu

₹50 crore approved for resumption of crushing operations at Mysugar factory in Mandya

The Finance Department has approved ₹50 crore financial aid for resumption of sugarcane crushing operations at Mysore Sugar Factory in Mandya also called as ‘Mysugar’, during the year 2023-24.

The Hindu

All eyes on Cabinet meeting today over modalities of ‘guarantees’

The State Cabinet is meeting on Friday amid expectations on a decision to implement the five pre-poll ‘guarantees’ given by the Congress. While the Finance Department on Wednesday provided multiple options to implement these guarantees through a presentation to the Council of Ministers, the final contours would be known on…

The Hindu

A Cabinet reshuffle in Tamil Nadu

The Cabinet reshuffle in Tamil Nadu conveys that talent will be appreciated, but damage to the party will not be tolerated

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