{"id":40391,"date":"2022-05-05T20:44:45","date_gmt":"2022-05-05T15:14:45","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-finmin-officers\/"},"modified":"2022-05-05T20:44:45","modified_gmt":"2022-05-05T15:14:45","slug":"biz-finmin-officers","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-finmin-officers\/","title":{"rendered":"Centre asks officers not to furnish incorrect information about state borrowings"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2105716370\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p> New Delhi, May 5 (PTI) Finance Secretary T V Somanathan has directed officers not to provide incorrect information to the central government concerning states&#8217; borrowings and Centrally Sponsored Schemes as this would attraction action under the service rules.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1272626001\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> The finance secretary&#8217;s letter assumes significance as state governments&#8217; borrowing and allocation under various schemes depend on the information provided by the All India Services officers deputed in states, sources said.<\/p>\n<p> Citing an example of a state facing some difficulty in borrowing in the past due to wrong and inaccurate information, the letter said civil servants are responsible to tender proper advice and provide information in a correct manner.<\/p>\n<p> As per the communication sent last month, errors which are bona fide or minor will not attract any action.<\/p><div class=\"trade-content_5\" id=\"trade-1523203907\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> The Government of India gives permission to states for borrowings and releases funds under various Centrally Sponsored Schemes. The exercise is carried out based on information provided by All India Services officers, including IAS and IPS, posted in states.<\/p>\n<p> The letter also cautioned states that the finance ministry would send the names of erring officers to the Department of Personnel and Training (DoPT) so that action can be taken, the sources said.<\/p>\n<p> The action may include denial of foreign posting and central deputation, among others. PTI DP CS ANZ  DP ABM ABM<\/p>\n<div class=\"trade-after-content\" id=\"trade-1754414546\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, May 5 (PTI) Finance Secretary T V Somanathan has directed officers not to provide incorrect information to the central government concerning states&#8217; borrowings and Centrally Sponsored Schemes as this would attraction action under the service rules. The finance secretary&#8217;s letter assumes significance as state governments&#8217; borrowing and allocation under various schemes depend on [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31],"tags":[],"class_list":["post-40391","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Centre asks officers not to furnish incorrect information about state borrowings - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-finmin-officers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Centre asks officers not to furnish incorrect information about state borrowings\" \/>\n<meta property=\"og:description\" content=\"New Delhi, May 5 (PTI) Finance Secretary T V Somanathan has directed officers not to provide incorrect information to the central government concerning states&#8217; borrowings and Centrally Sponsored Schemes as this would attraction action under the service rules. 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