Srinagar, March 21: Federation Chamber of Industries (FCIK) in a statement said that the Industrial Sector is facing hardships due to lack of clarity in the ‘burning issue of ‘Non Payment of Supplies & work done” to the unit holders’.
“The government has done various works under languishing for which the payment have not been disbursed. Further, the payment is also pending where the department has done works & supplies made without Administrative or Technical sanction”, the statement issued to Ziraat Times said.
The Director, Accounts and Treasuries, (A&T) Kashmir held recently a meeting with Treasury Officers (TOs) of Kashmir division regarding Payments. During the meeting, all the Treasury officers were impressed upon to make payments strictly as per GFR and Govt instructions issued by the Finance Department from time to time for prudence and bringing transparency. Besides, they were further directed to follow the Govt. instructions regarding expenditure cap in order to promote fiscal discipline, purchase through GeM, Administrative Approval and Technical Sanctions etc.
“We fail to understand that the government has executed the works under Languishing and also previously Supplies & works has been done by the government without obtaining the Administrative or Technical sanction. The unit holders has done the works under good faith as per the orders of the government departments and the liability of the payment lies with the government. So on the other hand the Director Accounts & Treasuries is issuing the instructions that no such payment for such types of supplies & works shall be disbursed. These types of instructions has shattered the faith & confidence of the business community on the government where the sovereign guarantees has proven meaningless”, the FCIK statement added.
“Payment Schedules as per the orders issued by the government for contracts & supplies need to be implemented. Despite “Delayed payments Act” in force, the due payments to the enterprises are not being made in time resulting in huge losses incurred by the unit holders besides undermining their reputation with creditors and bankers”, it further said.
FCIK said that the Director A&T should look in to the matter of release of pending payments with respect to Languishing works and also works done without obtaining Administrative Approval and Technical Sanctions etc.
