Pb Govt asks depts to submit precise budget estimates

Chandigarh, October 1, 2012: The Punjab Government has issued instructions to all the departments to submit precise budget estimates in order to save time and to provide adequate financial assistance for development works in time.

Disclosing this here today, Finance Minister Parminder Singh Dhindsa said that departments have been told to prepare budget estimates diligently keeping in view the guidelines of Punjab Budget Manual. He said that it has been noticed that most of the departments do not abide by the instructions and guidelines issued by the Finance Department time to time and they do not furnish the desired information on prescribed Performa.

Dhindsa said that written instructions have been issued for the departments to prepare revised estimates for the year 2012-13 and budget estimates for the year 2013-14. He said that the delay in receipt of budget estimates from departments causes major problems for preparing final budget estimates. He further said that this negligence, on one hand, waste precious time and energy of the government and obstructing the timely flow of financial assistance to the development projects and schemes.