STATE TIMES NEWS JAMMU: The government on Friday said that that the payment to languishing and other priority sector projects approved in the meetings of the High Powered Committee (HPC) shall only be made through online mechanism developed on the MIS portal of Jammu and Kashmir Infrastructure Development Finance Corporation (JKIDFC). “It is hereby ordered that the payment shall be made only once Project Implementing Authority/ Agency (PIAs) of each Department furnishes physical and financial status on the State Infrastructure Monitoring System (SIMS) portal designed by JKIDFC,” reads the order issued by Dr. Arun Kumar Mehta, Principal Secretary, Finance Department. “The payment shall be made to each approved project with unique LUP Code directly into the escrow account opened by each PIA as per the terms and conditions mentioned in the Government Order No 459-FD of 2018 dated November 20 2018,” the order stated and added, “For the purpose of payment, PIA shall be a single authority whose details for the creation of User IDs to access the portal shall be furnished to the JKIDFC.” Wherever necessary, departments shall designate nodal officers who shall furnish details on the SIMS portal which shall be accessible to the PIA, the order mentioned and added “The PIA in turn shall furnish details to the JKIDFC for payments of the projects. Wherever payments are to be made by the nodal officers each nodal officer shall have to open an escrow account as well, as per the terms and conditions of the above referred Government Order. The work flow for payment through the portal is shown in the annexure “A” (available on our website www.statetimes.in) to this Government Order.” For the purpose of these special payments under funding through JKIDFC to approved projects, each PIA and the Nodal Officers shall become part of the JKIDFC in addition to their own duties and shall be accountable to the JKIDFC for all the processes involved, it said adding that for this purpose, the concerned Administrative Departments shall issue Government Orders to the effect.
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