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Effective financial management important in the development of the state: Chief Minister

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  • Chief Minister Mr. Trivendra Singh Rawat inaugurates the newly constructed building of Uttarakhand Financial Administration, Research and Training Institute
  • Institute named after the name of Pandit Deendayal Upadhyay

Dehradun:Chief Minister Mr. Trivendra Singh Rawat inaugurated the newly constructed building of Uttarakhand Financial Administration, Research and Training Institute in Sudhowala on Wednesday.

Chief Minister announced to name the newly constructed building of Uttarakhand Financial Administration, Research and Training Institute in the name of Pandit Deendayal Upadhyay. Along with it, he started the training programme of the fifth batch of Finance Service officers.

While addressing the trainee officers of the Finance Service, Chief Minister said that with the due commencement of Pandit Deendayal Upadhyay Uttarakhand Financial Administration, Research and Training Institute, the training programmes of the officers and employees of the Finance Service will operate in a more effective manner.

There are good facilities and training programmes in the institute for the finance services trainees and people associated with the financial management. All types of facilities are available at one place for enhancing capacity of financial management, skill development and updation.

Chief Minister said that achieving big targets with minimum amount of money can be called as financial management. He said that with the trainee officers having background of technical qualification coming into the finance service, the administration will get the benefit of both the financial management and technical management. There is a challenge before us to complete maximum projects from the limited financial resources. Effective financial management will play an important role in this work. We must follow our duty with efficient management, complete honesty and integrity.

Finance Minister Mr. Prakash Pant said that knowledge, experience and training have an important role in financial management. Soon, regular training programmes for the government employees will be started. A library will also be set up in the institute. Uttarakhand is the first state in the country, where all Financial Act from 1947 upto now are available in one place, which will be digitized soon.

It may be mentioned here that providing training on financial management to government departments, preparing refresher courses for middle and high level officers, discussions on various aspects of financial management with different departments, providing professional support for financial management to the departments, imparting training on research work for financial management, assisting in publication of research papers, giving information about financial rules and procedures to the officials of the government and public sector units, will be the main works of the Pandit Deendayal Upadhyay Uttarakhand Financial Administration, Research and Training Institute. The Institute will also work as the think tank in financial management for the government.

In Pandit Deendayal Upadhyay Uttarakhand Financial Administration, Research and Training Institute, arrangements have been made for training of the Assistant Accountant in state treasury, Information Technology and Technical Training in Audit Department, six months professional training for officers of Finance Service, training of various level officers such as DDO, HOD, Finance Controller besides training for officers of various levels of the Secretariat. Other departments can also use this institute to train their staff on payment basis. On this occasion, MLA Sahdev Singh Pundir and Secretary Amit Singh Negi were also present.

 

Amendment in Press Note issued on 25 June 2018

After the meeting of State Level Co-Operative Committee held under the chairmanship of Chief Secretary Mr. Utpal Kumar Singh in the Secretariat on Monday dated 25 June, 2018, in the press note issued, it was stated that Reserve Bank of India has appealed that no one should do any transaction with 12 Multi State Companies.

In the press note, the names of the companies were mentioned inadvertently. In the meeting, general discussion was held regarding imposing a ban on companies indulging in unauthorized transactions. RBI Regional Director Subrata Das has, while raising objection over it, has said that no such appeal has been issued by the RBI.

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