Haryana increases fund limit for devp works by panchayats

CHANDIGARH: The Haryana government has decided to increase the financial limit for development works by gram panchayats from ₹10 lakh to ₹20 lakh.

A spokesperson of the development and panchayats departments said that necessary amendments in this regard were being made in the Haryana Panchayati Raj Finance, Budget, Accounts, Audit, Taxation and Works Rules, 1996.

The government has also issued comprehensive consolidated guidelines for execution of development works by the gram panchayats.

As per these guidelines, funds released under the central finance commission (CFC), state finance commission (SFC) and surcharge on VAT (SOV) would be credited directly to the accounts of gram panchayats through real time gross settlement (RTGS).

The grant-in-aid received under SFC and SOV would be credited to the accounts of three tiers of panchayati raj institutions (PRIs), namely gram panchayats, panchayat samitis and zila parishads with the share as 75%, 15% and 10% respectively, or as may be prescribed by the government from time to time.

The respective gram panchayat will give administrative approval for works to be undertaken under CFC, SFC and SOV grants as per the existing rules and procedures.

Similarly, the panchayat samitis and the zila parishads would give administrative approval for the works to be undertaken by them from their own and allotted funds or grantin-aid.

There will be no financial capping for administrative approvals for any of the three tiers of the PRIs for the works to be undertaken from their own and allotted funds or grant-inaid.

LIMIT INCREASED FROM ₹10 LAKH TO ₹20 LAKH, A SPOKESPERSON OF THE PANCHAYATS DEPARTMENT SAID