Finance Dept orders incorporation of P&AO system by Corporations, PSUs

SRINAGAR: The Jammu and Kashmir government ordered the Pay & Accounts Office system for the operation of funds through Treasuries in respect of all the Corporations/ Public Sector Undertakings (PSUs).
The government has also accorded for the creation of a Project Monitoring Unit (PMU) in the Finance Department for maintenance, up-gradation and modifications of IT-enabled systems being implemented in the Finance Department which includes BEAMS, JKPaysys, PROOF, EMPOWERMENT portal, E-Audit portal, MeraVetan, GRAS, GPF system, DBT, PFMS and E-Billing System etc.
Two separate order/circular in this regard has been issued by the Finance Department.
Finance Department vide above referred (Reference: Government Order No.104-F of 2023 dated: 18.05 .2023) to Government Order has introduced the Pay & Accounts Office system for operation of funds through Treasuries in respect of all the Corporations/ PSUs which are not presently on BEAMS but have been receiving full or partial financial assistance in the form of grant-in-aid, loan, budgetary support, Capex Budget etc. from the Government of Jammu & Kashmir. Accordingly, the Financial Advisor(s) & Chief Accounts Officer(s) / Accounts officer(s) of all such Corporations / PSUs have been ordered to act as Chief Pay & Accounts Officers(s) / Pay & Accounts Officer(s) as the case may be, reads the circular.
In view of the above switchover, the undersigned is accordingly directed to convey to all the concerned Administrative Departments for issuing necessary instructions to all the prospective Corporations/PSUs to take up the issues with the concerned quarters immediately for completing the following required modalities/formalities for the immediate roll-out of the system, it added.
BEAMS IDs and passwords- NIC and Administrative Departments/ Controlling Officer of the concerned Corporation/ PSU, Allotment of Treasury by Director General Accounts & Treasuries, J&K and Allotment of DDO Code any if By Pr. Accountant General (A&E) JK&L, it added.
As per the order, the Director(s) Finance/FA&CAOs in the concerned Administrative Department shall oversee the progress in this regard and shall ensure that the required modalities are completed by the prospective Corporations/PSUs preferably within a period of the fortnight for smooth booking of expenditure through JKPaySys
Sanction is hereby accorded for the creation of a Project Monitoring Unit (PMU) in the Finance Department for maintenance, up-gradation and modifications of IT-enabled systems being implemented in the Finance Department which includes BEAMS, JKPaysys, PROOF, EMPOWERMENT portal, E-Audit portal, MeraVetan, GRAS, GPF system, DBT, PFMS and E-Billing System etc., reads the order issued by the Finance Department.
The manpower for the PMU shall be hired on an outsourcing basis as per S0-58 of 2019 dated 31st December 2019 and under the relevant provisions of the GFR 2017 through outsourcing, it added.
As per the order, the PMU shall also look after the affairs of the JKIDFC as per the existing structure for payment of bills furnished by PIAs on the JKIMS portal for the completion of the projects implemented through JKIDFC, debt servicing and other statutory compliances.
The services of the programmers/staff already hired on an outsourcing basis on JKIMS/IFMS/JKIDFC projects shall also be taken in the PMU for immediate setting up of the PMU, it added.
The PMU in the Finance Department shall be under the direct control of the Administrative Secretary, Finance Department, with an officer of the level of Additional Secretary/Joint Director well versed with these systems as the Nodal Officer. The PMU shall be created initially for a period of 5 years and as per the requirement of the Department extended further with the approval of the competent authority, the order.
Further sanction is also accorded for funding of JKIDFC projects through a budgetary route out of the surplus revenue accruals of JKIDFC with the Government. The procedure for the day-to-day functioning of JKIDFC will remain as per the existing structure. After completion of the projects, the JKIDFC shall cease to take any further languishing project in J&K, it added.
The PMU or such other structure after five years, as deemed appropriate as stated above, shall service the debt repayments of the loan taken by JKIDFC, the orders.

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