VIJAYAWADA: Rubbishing the corruption expenses manufactured by TDP versus the Point out govt with regard to the expenditure of Rs 48,000 crore in 2020-21, Finance Minister Buggana Rajendranath mentioned as the Complete Money Administration Method (CFMS) was not institutionalised effectively, e-book adjustment transactions were being demonstrated as unique bills.
Refuting the allegation of TDP leader Yanamala Ramakrishnudu that Rs 48,000 crore went into the fingers of ‘elders’ in the State authorities, he mentioned the full sum was not genuine expenditure and only a e book adjustment transaction by the end of previous fiscal.
In the CFMS, there are monthly bill payment heads pertaining to many departments, but there is no unique costs head. To establish the reserve adjustment transactions in the CFMS, ‘special bills’ phrase is mentioned. Apart from that, there is no unique payments head. In point, the chaotic and erratic creation of the CFMS for the duration of the preceding TDP routine was the lead to of all the confusion, he discussed.
As the treasury section officers have no accessibility to make guide adjustment transactions in the CFMS at existing, the Finance Office experienced authorised the CFMS Chief Govt Officer (CEO) to workout the electrical power. The complete approach is held as per the pointers of finance and treasury departments, he asserted.
In a launch on Sunday, Buggana stated the finance secretary wrote a thorough letter in reaction to queries elevated by the Comptroller and Auditor Normal (CAG) detailing the same. Prior to the CFMS, treasury officials used to do ebook adjustment transactions manually at the conclude of the monetary calendar year. Having said that, soon after rolling out the CFMS, the identical power was provided to the CFMS CEO and the same was conveyed to CAG by the finance secretary in producing, he clarified.
When no money transactions took spot in the total approach, where by was the scope for corruption, Buggana requested. As for each the AP Finance Code 271 (4) Posting, treasury officers made use of to mark the unspent money lapsed in PD accounts by the conclusion of the fiscal via guide adjustment transactions.
As the treasury officials have no obtain to make book adjustment transactions in the CFMS now, the CEO was supplied the electrical power to mark the leftover funds lapsed as a entire, he reported. He further mentioned the system was not launched by our govt.
In 2018 by itself, the CFMS CEO was authorised to mark the remaining money of distinct departments lapse. The similar method was adopted in 2018-19 and 2019-20. In 2018-19, the prior TDP regime confirmed 98,049 ebook adjustment transactions as special charges, while the YSRC government confirmed 54,183 transactions in 2020-21. There is no transaction of cash in these charges, he said.
In search of to know whether or not misuse/corruption of Rs 48,000 crore in the finances of State govt was achievable, he stated irrespective of understanding the truth, TDP chief N Chandrababu Naidu was hoping to attribute it to the YSRC authorities.
Taking a dig at the TDP leaders for their remark that the YSRC authorities was inefficient in controlling funds, Buggana mentioned the present government expended 90.50 for every cent and 96.02 for each cent of budgetary estimates in 2020-21 and 2021-22, when compared to 86.28 for every cent spent in 2018-19 by the past routine.
Asserting that the attempts of the YSRC authorities resulted in rise in Central grants to the State, he explained in spite of becoming section of the preceding NDA federal government at the Centre, the TDP routine could not get the expected grants to the Condition for development.
Total expenditure in 2020-21 – Rs 2,03,448 crore
Rs 66,470 crore Salaries of government employees and pensioners
Rs 33,753 crore Personal debt servicing
Rs 65,447 crore DBT and non-DBT schemes
Rs 37,774 crore Remaining expenditure
With a capital expenditure of Rs 18,145 crore, Nadu-Nedu, hospitals and street will work have been taken up. For this reason, the TDP leaders must know the point that there was no likelihood for corruption of Rs 48,000 cr, the Finance Minister said