Srinagar: Process has started to draft the first economic survey report of the newly formed union territory of Jammu and Kashmir.
It is after a delay of three years that the government has decided to conduct the economic survey and draft a report.
The last economic survey was published in 2017 when the Jammu and Kashmir was ruled by a PDP-BJP coalition.
Soon after the collapse of the coalition government, the administration didn’t conduct an economic survey, though the departments had compiled their report cards.
The administration has now formally announced to draft the economic survey report for the year 2020. An eight-member team has been formed to conduct the survey.
Headed by Financial Commissioner of finance department Arun Kumar Mehta, the draft will be placed before the expert level committee for their approval.
A communiqué from the finance department accessed by The Kashmir Monitor revealed that the committee has been directed to get in touch with various departments for inputs.
“The members of the committee will draft the chapters and have the inputs from the concerned departments,” it said.
As per the document, the members of the committee will forward the draft chapters to the expert committee for analysis and editing.
“The members of the committee will forward the draft chapters to the member secretary. He will send it to the chairman of the draft committee for placing it before the expert committee for analysis and editing, “the report said.
Meanwhile, a source said that the committee has already asked the departments for inputs about the spending and achievements for the financial year.
“Exercise has started. Departments have started gathering the data to forward it to the committee. Every department will frame its own chapter about fund utilization and achievements during the last year, “he said.