Finance dept to hold meet of Financial Advisors

Kolkata: The state Finance department is set to hold a high level meeting of Financial Advisors of all the state government departments on May 29. There will be a review meeting on issues like "budget matters, including adjustment of advance drawal on old head of account".

It may be mentioned that deputy financial advisors have also been directed to attend the meeting, along with the financial advisors.

The first quarterly review meeting of the financial advisors will be held in the state secretariat, in which senior officials of the state Finance department will be present and role of financial advisors for successful compliance of e-tender or e-auction provisions will be discussed.

At the same time, matters related to surrendering of unutilised funds will also come up in the meeting. The matters related to the Integrated Finance Management System (IFMS), along with issues related to the entry of sanctioned strength of staff in Human Resource Management System (HRMS) module will also be discussed. The state government had decided to nominate financial advisors as representatives of the Finance department in the board of directors of state PSUs, statutory corporations and state aided universities to ensure proper utilisation of fund allotted for different projects. The step was taken in June 2016 to ensure proper and timely utilisation of funds that the state government allots to carry out different development works.

Many other issues related to the activities of the Finance department and steps that need to be taken for better implementation of the projects going on in the state will be discussed as well.

It may be recalled that Chief Minister Mamata Banerjee had directed concerned officials of all the departments to be ready with all necessary tasks, so that work can be started without any delay after the Panchayat polls. So now, all the departments have initiated their work in full swing to ensure timely completion of the projects.