Srinagar: The State Administrative Council (SAC) which met here under the chairmanship of Governor, Satya Pal Malik approved streamlining of the procedure for procurement of Goods and Services and award of contracts by Public Sector Undertakings/Autonomous bodies/Societies and to bring transparency, equity, economy of expenditure and financial propriety.
It is important to point out that most of the public sector undertakings/autonomous bodies/Societies in the State of J&K receive significant financial assistance from the Government. However, there have been issues related to transparency, equity and economy of expenditure in the creation of posts and recruitments which henceforth shall be made with the prior concurrence of the Finance Department. There have also been issues related to award of contracts by these bodies.
With today’s decision, no procurement of goods and services shall be made by the Public Sector Undertakings/Autonomous bodies/Societies aided by State Government without following a transparent bidding process. Besides, no contract shall be awarded by Public Sector Undertakings/Autonomous Bodies/Societies without following a transparent bidding process.
Further, no new posts shall be created by the Public Sector Undertakings/ Autonomous bodies /Societies without the prior concurrence of Finance Department and no recruitment against vacant posts shall be made by Public Sector Undertakings/Autonomous bodies/Societies without the prior concurrence of the Finance Department.
Moreover, no recruitment shall be made by Public Sector Undertaking/ Autonomous Bodies/Societies without following a transparent process including inviting applications through advertisements from eligible candidates, irrespective of class of the posts.
The Finance Department has been directed to issue appropriate instructions to these Public Sector Undertakings/Autonomous Bodies/Societies for undertaking necessary amendments in their by-laws / regulations/AoAs as may be required.
