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Fin Deptt releases Rs 233 cr for payment to contractors, settlement of GPF claims

KH Business Desk by KH Business Desk
June 21, 2017
in Business
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Srinagar: In view of the upcoming Eid-ul-Fitr, the State’s Finance Department has released Rs 233 crore to the treasuries to clear all the pending bills on account of payment of contractors and GP Fund claims of employees.

“As on date there are no bills of contractors or GP Fund claims pending for payment in any of the treasuries as funds to the tune of Rs 233 crore have been made available during the past couple of days to clear all the pending bills,” a Finance Department spokesperson said.

He said in view of the forthcoming Eid-ul-Fitr, Finance Minister, Dr Haseeb Drabu reviewed all the pending claims and liabilities in the treasuries across the state and on his directions adequate funds were released and all the pending bills cleared.  The release of funds includes Rs 142 crore on account of GPF and Rs 90 crore on account of contractors’ bills, he said.

The spokesman said, similarly, all pending claims on account of salaries, wages, honorarium, stipend and scholarships which had been received in the treasuries till date were also cleared.

KH Business Desk

KH Business Desk

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The publication of “Kashmir Horizon” as an English daily was started with a modest attempt on May 19, 2008.It has been a Himalayan attempt for “The Kashmir Horizon” to survive the challenges posed to journalism in the violence fraught place like Jammu & Kashmir.

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