• About
  • Shop
  • Forum
  • Contact
No Result
View All Result
e-Paper
Kashmir Thunder - Latest News, Breaking News
Friday, April 17, 2026
  • HOME
  • News
    • Top Headlines
    • Local
    • National
    • World
  • Business
  • Science & Tech
  • Education
  • Health
  • Opinion
    • Editorial
    • Feature
    • Review
  • Sports
    • Cricket
    • Football
    • Others
  • EPAPER
  • HOME
  • News
    • Top Headlines
    • Local
    • National
    • World
  • Business
  • Science & Tech
  • Education
  • Health
  • Opinion
    • Editorial
    • Feature
    • Review
  • Sports
    • Cricket
    • Football
    • Others
  • EPAPER
No Result
View All Result
Kashmir Thunder - Latest News, Breaking News
No Result
View All Result
  • HOME
  • News
  • Business
  • Science & Tech
  • Education
  • Health
  • Opinion
  • Sports
  • EPAPER

SASCI reforms to drive capital growth, fiscal efficiency: CS Atal Dulloo

by KT News Desk
April 17, 2026
Reading Time: 3 mins read
SASCI reforms to drive capital growth, fiscal efficiency: CS Atal Dulloo
Share on FacebookShare on TwitterWhatsapp

JAMMU, APRIL 17: Chief Secretary, Atal Dulloo convened a high-level meeting of the Finance Department, attended by the Administrative Secretaries, to review the progress of departmental work plans and the status of reforms under the Scheme for Special Assistance to States for Capital Investment (SASCI).

During the meeting, the Chief Secretary, as per an official statement, assessed expenditure trends and underscored the importance of timely and efficient utilization of allocated resources. He emphasized the need to prioritize capital expenditure (Capex) from the very beginning of the financial year, cautioning against the tendency of last-minute spending rushes that often compromise efficiency and outcomes.

Highlighting the importance of proactive planning, the Chief Secretary directed departments to ensure prompt uploading of works on the BEAMS portal to facilitate timely tendering and execution. He further stressed the need for equitable distribution of projects across districts, aligned with on-ground requirements to ensure balanced development across all regions.

Reiterating the strategic importance of SASCI reforms, the Chief Secretary urged Administrative Secretaries to accord them top priority, noting their potential to bring substantial economic benefits to the Union Territory through incentive-based funding amounting to hundreds of crores. He called for their strict implementation in both letter and spirit to ensure tangible outcomes.

Additional Chief Secretary, Finance, Shailendra Kumar, emphasized accountability and adherence to timelines, urging all departments to finalize and upload their action plans on the BEAMS portal by April 21, 2026. He noted that while 100 percent budget allocation has been made, further financial releases including the second installment of Capex funds will be contingent upon fulfillment of key reform conditions and demonstrable progress.

The meeting also highlighted key reforms mandated under SASCI guidelines, including the adoption of end-to-end digital tendering and contract management systems under Component II. Departments such as Power Development Department (PDD), Jal Shakti, Housing & Urban Development Department (H&UDD), and Youth Services & Sports (YSS) were directed to onboard the PWD-OMAS platform at the earliest to enhance transparency, monitoring, and accountability.

Progress in critical sectoral reforms was also reviewed, including mining sector reforms, operationalization of the Right of Way (RoW) Rules 2024, rollout of AgriStack in the Agriculture Department, and livestock sector reforms. It was emphasized that significant advancements in these areas are crucial for unlocking subsequent funding tranches.

To streamline financial management, all departments were directed to establish separate Single Nodal Agency (SNA) accounts for efficient release and monitoring of SASCI funds.

A detailed presentation outlined the proposed financial outlay under SASCI for the financial year 2026–27, totaling ₹4023.5 Cr. This includes ₹1406 Cr under Part I and Part II untied components, along with a substantial ₹2617.5 Cr available under incentive-based components linked to capital expenditure performance and reform milestones across sectors such as public finance IT infrastructure, mining, AgriStack, livestock, financial management efficiency, and compressed biogas initiatives.

The meeting also reviewed allocations under the Public Health Infrastructure component, with ₹330 Cr earmarked to improve key health indicators, including reduction in Infant Mortality Rate (IMR), Maternal Mortality Ratio (MMR), attainment of NQAS certification, and reduction in TB mortality.

Reviewing past financial performance, it was noted that ₹946 Cr had been expended during the April–September period of the previous financial year. The Chief Secretary emphasized that expenditure must reach at least ₹1040 Cr in the current year to qualify for incentive-based funding under Part III of the scheme, which focuses on capital expenditure growth.

Reaffirming the government’s commitment to fiscal discipline and reform-driven growth, the Chief Secretary called upon all departments to maintain momentum, ensure transparency, and deliver measurable outcomes aligned with the objectives of the SASCI framework.

Previous Post

Div Com Kashmir reviews progress of 60 MLD Noorbagh STP, other key projects

Next Post

Indian Knowledge Systems National Conference concludes at SKUAST-Jammu

KT News Desk

KT News Desk

READ MORE

Div Com Kashmir reviews progress of 60 MLD Noorbagh STP, other key projects

by KT News Desk
April 17, 2026
Div Com Kashmir reviews progress of 60 MLD Noorbagh STP, other key projects

Directs to resolve issues related to electricity supply, leakages at Noorbagh STP by May 31 SRINAGAR, APRIL 17: Divisional Commissioner Kashmir, Anshul Garg, Friday conducted a comprehensive review of the progress on...

Read moreDetails

DLSA Budgam holds review meeting with LADCs

by KT News Desk
April 17, 2026
DLSA Budgam holds review meeting with LADCs

BUDGAM, APRIL 17: District Legal Services Authority (DLSA), Budgam, Friday convened a review meeting with all Legal Aid Defence Counsels (LADCs) in the office chamber of the Secretary, DLSA Budgam. The meeting,...

Read moreDetails

Nasha Mukt J&K Abhiyan : DYSSO Srinagar conducts Cyclothon

by KT News Desk
April 17, 2026
Nasha Mukt J&K Abhiyan : DYSSO Srinagar conducts Cyclothon

SRINAGAR, APRIL 17: In a significant step towards promoting a drug-free society under the Nasha Mukt J&K campaign, a cyclothon was flagged off by the District Youth Services and Sports Officer (DYSSO)...

Read moreDetails

NMBA 2026 Drive : GCoE Srinagar organises awareness session, mass pledge ceremony

by KT News Desk
April 17, 2026
NMBA 2026 Drive : GCoE Srinagar organises awareness session, mass pledge ceremony

SRINAGAR, APRIL 17: Government College of Education (GCoE), IASE Srinagar is actively participating in the ongoing Nasha Mukt Bharat Abhiyaan (NMBA) 2026, and on Friday the institute organised two significant activities under...

Read moreDetails

Mission Karmayogi: J&K shines, JKIMPARD gets special Award for Eexcellence

by KT News Desk
April 17, 2026
Mission Karmayogi: J&K shines, JKIMPARD gets special Award for Eexcellence

JAMMU, APR 17: Jammu & Kashmir has secured the third rank nationally under Mission Karmayogi during SĀDHANA Saptah, marking a major milestone in institutionalising continuous learning and competency-driven governance among the civil...

Read moreDetails

Education Minister mourns demise of Sr Lecturer Tariq Ahmad Matta

by KT News Desk
April 17, 2026
Education Minister mourns demise of Sr Lecturer Tariq Ahmad Matta

SRINAGAR, APRIL 17: Minister for Education, Social Welfare, Health and Medical Education, Sakeena Itoo has expressed deep grief and sorrow on the sad demise of Senior Lecturer of HSS Bomai, Tariq Ahmad...

Read moreDetails

SANJY-2026: Draw of lots for tent, shop allotment held in Anantnag

by KT News Desk
April 17, 2026
SANJY-2026: Draw of lots for tent, shop allotment held in Anantnag

ANANTNAG, APRIL 17: To ensure fair and transparent allotment of tents and shops for the upcoming Shri Amarnath Ji Yatra (SANJY)-2026 at various identified locations on Pahalgam Axis, a draw of lots...

Read moreDetails

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

© 2025 Kashmir Thunder - Designed by K.Web.

No Result
View All Result
  • HOME
  • News
    • Top Headlines
    • Local
    • National
    • World
  • Business
  • Science & Tech
  • Education
  • Health
  • Opinion
    • Editorial
    • Feature
    • Review
  • Sports
    • Cricket
    • Football
    • Others
  • EPAPER

© 2025 Kashmir Thunder - Designed by K.Web.