Tag Archives: utilisation

Kerala: Late fund transfer affects utilisation, says Finance Department

“Transfer of funds at the fag-end of the year causes rush of expenditure and lapse of fund due to non utilisation,” the source said. (Representational Image) Thiruvananthapuram: Transfer of funds at the fag-end of the fiscal, and short allotment of funds, are just two of the reasons the Finance Department has identified for the poor utilisation of funds by local bodies. ... Read More »