J&K Governor releases Rs 2500 cr to clear all pending GP funds

The Finance Secretary also apprised the Governor of various steps underway to streamline functioning of the Funds Department and other wings of the Finance Department.

By: Express News Service | Jammu | Published: January 30, 2016 7:44:13 pm

From now on, there shall be no delays in withdrawal of Government Provident (GP) Fund by state government employees following the release of nearly Rs 2,500 crore by Jammu Kashmir government to clear all liabilities in the matter.

Disclosing this at a review meeting chaired by state Governor N N Vohra, Finance Secretary Navin K Choudhary said that Rs 125 crore was released to the treasury on Saturday. With this, there is no case of GP Fund claim pending at any treasury across the state, he added.

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The Finance Secretary also apprised the Governor of various steps underway to streamline functioning of the Funds Department and other wings of the Finance Department.

Governor directed the Finance Secretary to ensure shifting of entire process of GP Fund withdrawal to electronic mode so that the employees could apply and draw their due amount online. Complimenting the Finance Secretary for clearance of all the GP Fund claim cases in the state, Governor hoped that Finance Department will ensure against any delays or any difficulties in regard to GPF withdrawals arising the future as well.

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