Treasury transactions: Govt. lifts restrictions partly

By Our Special Correspondent

THIRUVANANTHAPURAM, JULY 22. The Government has announced certain relaxations in the controls imposed on treasury transactions following the financial crisis it had been facing in the recent months.

From Monday, there would be no restrictions on cashing bills relating to salary, allowance, wage, pension, gratuity, pension arrears, family pension and pension from other States.

The MP's fund for development works, payments as per court orders, the Chief Minister's Relief Fund, the Kargil Fund, amounts earmarked for census operations, telephone and electricity charges, payments approved by the Finance Department from the `T. P. and T. S. B. accounts' and withdrawals from personal fixed accounts in the treasury too have been freed from the restrictions.

The relaxation will also apply to pension benefits of those who had retired from service before December 31, 2000, salary arrears, LC cheques issued before March 31, 2001, LC cheques of the Irrigation Department, LIC cheques, rents to be settled by the Government, amount in the PD account of the Irrigation Department, allowances payable to the agents of National Savings Scheme, D-form cheques issued before May 31, 2001 and amounts to be received from the courts.

The following are the other payments over which the treasury restrictions will not apply from Monday:

Expenses on ration, medicine, clothing and shelter as part of relief operations connected with natural calamities; financial assistance of the Indian Embassy disbursed by District Collectors in cases relating to deaths; repair and fuel expenses of the Water Transport Department; monthly salary, pension and fuel bills of the Kerala State Road Transport Corporation; bills relating to roof thatching and food distribution programmes of the Scheduled Tribes Development Corporation; interest-free loans to the Scheduled Tribe people for medical treatment; lumpsum grants to the Scheduled Castes, Scheduled Tribes and other backward sections; scholarships and stipends for students; withdrawals under State Insurance and Group Insurance schemes; and cost of postal stamps purchased by various departments.

Payments due to several indigent sections of the population are yet to be released from the treasury ban.

These include pensions to widows', farm workers and the handicapped; unemployment wages, and installments of assistance to those who had already dismantled their dwellings to avail the benefit of the Maithri Housing Scheme.

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Section  : Southern States
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