No back-log of contract payments at treasuries: DGAT

DGAT puts on record that all liability on account of contract payment has been cleared and there is no back- log so far as contract payment at treasuries is concerned.

GMK Staff
A man shows new Rs 2000 currency after exchanging old Rs 500 and 1000 denominations at srinagar on Thursday 11 November 2016 PHOTO BY BILAL BAHADUR

Directorate of Accounts and Treasuries (DGAT) has completely negated the recent media reports regarding delay in contract payments, terming them false and inaccurate.

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In a statement issued here, the DGAT puts on record that all liability on account of contract payment has been cleared and there is no back- log so far as contract payment at treasuries is concerned. “The fact is that the Department has released full funds under Capex”, the statement reads.

The DGAT has further requested the media organisations that in the interest of balanced and professional reporting, Finance department’s version regarding these matters may also be included.

GMK staff
GMK Staff

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