JAMMU, Jan 11: The government of Jammu and Kashmir has implemented stringent austerity measures aimed at enforcing fiscal discipline for the financial year 2024-25.
According to the order, major directives include capping revenue expenditure in the final quarter to 30% of the budget allocation, with only 15% permitted in March, thereby preventing last-minute spending surges.
A 10% cut on the budget has been enforced for non-essential expenses such as travel, hospitality, and advertisements.
Moreover, procurement of furniture and vehicles is limited, and official gatherings require approval from senior authorities.
The guidelines also stress adherence to e-tendering practices and discourage unwarranted financial obligations. All departments are urged to prioritize fiscal responsibility and submit compliance reports to the Finance Department.
