Internet's Media

Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on vk
Share on tumblr
Share on telegram
Share on whatsapp
Share on reddit
Share on pocket

After RBI Motion Towards Manipur, Biren Singh Takes Over Key Departments

Guwahati (Assam): 

Manipur Chief Minister N Biren Singh reshuffled the state cupboard to take over the important thing departments of finance, public works and energy as we speak, a day after the Reserve Financial institution of India directed nationalised banks to cease honouring payments and cheques issued by his authorities.

The central financial institution had taken the step in response to an “overdraft” of Rs 300 crore arising from withdrawal of funds in extra to pre-determined preparations.

An official assertion from the Chief Minister’s Workplace stated Mr Singh has taken over the departments of finance (together with taxation and excise), public works and energy as an “interim measure”. Claiming that massive quantities have been discovered to have been withdrawn by the general public works and energy departments from March to May whereas the Mannequin Code of Conduct for the Lok Sabha elections was nonetheless in drive, it stated {that a} thorough investigation of sanction procedures and monetary administration will likely be performed in all key departments.

The transfer comes at a time when occasion sources are hinting at variations which have crept up between the Chief Minister and State Public Works and Energy Minister Thongam Biswajit Singh – the second-most highly effective individual within the Manipur cupboard.

On June 11, the RBI had requested banks to halt cost to the Manipur authorities with impact from the next day. “The account of the government has been overdrawn in excess of the arrangement agreed upon with the Reserve Bank of India. It has, therefore, been decided as per extant procedure that payments be stopped to the government of Manipur with effect from June 12,” it stated in a press release.

At a gathering held yesterday, the cupboard authorised the Chief Minister to take “necessary disciplinary action” to make sure a tradition of economic prudence in authorities departments. Staff, nevertheless, have been assured that well timed disbursement of salaries and advantages is not going to be affected.

(With inputs from Companies)

Up Next

See All

- Topics on Rapida

Log In

Forgot password?

Don't have an account? Register

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Create Account

Create Account to like this post, Comment on this post or To follow this creator for more such posts.