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Tuesday, October 4, 2022

Finance Dept’s circular will hinder Goa’s developmental projects, prior approval mandated for infra proposals

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Panaji: Finance department has put up a spanner in the wheels of the developmental process which was expecting to start with full vigour. The department has ordered that all the proposals above Rs 2 crore requires prior approval before starting the tender formalities, which will further delay the implementation.

The recent circular of Finance Department is likely to brew resentment amongst the state cabinet colleagues.

Finance Department, which is represented by chief minister Pramod Sawant, has issued a circular ordering that all proposals costing Rs 2 crores and above towards procurement of goods and services and infrastructure works shall require prior approval of the department before carrying out tender formalities.

The circular, signed by Under Secretary (Fin-Exp) Premraj Shirodkar, has said that all other proposals for Expenditure sanction below Rs 2 crores shall be referred to Finance Department only after making sufficient budget provisions, administrative approval and after following the tender procedure.

The Under Secretary has said that the circular has been issued with approval of Finance Minister and it will come into force with immediate effect.

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