Bhubaneswar: The Department of Water Resources has set a target to achieve 60% budget utilization by the end of the third quarter of the Financial Year 2024-25, as per the guidelines of the Department of Finance.
According to an official press release, Development Commissioner-cum-Additional Chief Secretary (DC-cum-ACS) Anu Garg stressed this target during a review meeting held at Rajiv Bhawan on Saturday.
The hybrid-mode meeting was attended by senior officers, Engineers-in-Chief, Chief Engineers, and Chief Construction Engineers, with officers from Bhubaneswar joining online. Garg underscored the need for efficient financial management, timely project execution, and effective use of allocated funds.
She emphasized adhering to the Cash Management System to ensure prompt fund disbursement and utilization while addressing bottlenecks in budget spending. Officers were urged to closely monitor expenditure progress and expedite fund releases to meet financial targets.
The review aims to streamline financial processes and accelerate ongoing projects, ensuring optimal use of resources and timely completion of departmental objectives.
