📷 Image: Wikimedia Commons / Prime Minister's Office
Sarkari Yojana
J&K Govt Introduces Fund Release Regulation to Curb Year-End Spending Rush
✍️ Daily Excelsior
🗓 31 Jul 2026, 05:48 PM
👁 6
The Jammu and Kashmir government has announced a new policy to regulate the disbursement of funds, aiming to prevent a surge in spending at the end of the fiscal year.
The Jammu and Kashmir administration unveiled a policy on Tuesday to control the timing and amount of government fund releases, a move designed to curb the annual spike in public spending. The new regulation will stagger disbursements across the fiscal year, limiting large lump‑sum payouts that typically occur before the year ends.
Officials say the policy addresses a long‑standing issue where departments rush to spend allocated budgets before the fiscal year closes, leading to inefficiencies and fiscal strain. By spreading out payments, the government hopes to maintain a steadier cash flow and reduce the need for emergency borrowing.
Under the scheme, each department will receive a fixed percentage of its annual budget at predetermined intervals, with any remaining balance released in the following year. The finance department will monitor compliance and adjust allocations as needed.
The move is part of a broader effort to strengthen fiscal discipline and improve transparency in public expenditure. While the policy is still in its early stages, it is expected to set a precedent for other states seeking to manage year‑end spending more effectively.
Officials say the policy addresses a long‑standing issue where departments rush to spend allocated budgets before the fiscal year closes, leading to inefficiencies and fiscal strain. By spreading out payments, the government hopes to maintain a steadier cash flow and reduce the need for emergency borrowing.
Under the scheme, each department will receive a fixed percentage of its annual budget at predetermined intervals, with any remaining balance released in the following year. The finance department will monitor compliance and adjust allocations as needed.
The move is part of a broader effort to strengthen fiscal discipline and improve transparency in public expenditure. While the policy is still in its early stages, it is expected to set a precedent for other states seeking to manage year‑end spending more effectively.