Tag: #PublicFinance

J&K Government Announces Austerity Drive: Finance Department Issues Strict Cost-Cutting Guidelines

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J&K Government Announces Austerity Drive: Finance Department Issues Strict Cost-Cutting Guidelines

J&K Government Rolls Out Major Austerity Drive to Rein in Public Spending By: Javid Amin | 27 May 2026 Finance Department’s New Guidelines Signal Strong Push for Fiscal Discipline In a significant move aimed at tightening public expenditure and enforcing fiscal discipline, the Jammu and Kashmir Finance Department has issued a comprehensive set of austerity and cost-cutting guidelines for all government departments and offices across the Union Territory. The directives, issued through Order No. 198-F dated May 22, 2026, introduce sweeping restrictions on official hospitality, travel, vehicle purchases, energy consumption,…

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KPDCL Advocating New Revenue Collection Policy Linking Salary Disbursement to Cleared Electricity Dues

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KPDCL Advocating New Revenue Collection Policy Linking Salary Disbursement to Cleared Electricity Dues

Kashmir Power Development Corporation Limited (KPDCL) has asked all Deputy Commissioners (DCs) in Kashmir to make the clearing of electricity dues mandatory before releasing salaries or payments to employees and contractors. The power distribution utility has asked DCs to issue orders stating that funds for salaries or contractor payments could only be released after electricity dues have been settled. In a missive to DCs across Kashmir, the Managing Director of KPDCL outlined the rationale behind the directive to make clearance of dues mandatory before salary and payment releases. According to it,…

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