(Left) Chief Minister of Nagaland Neiphiu Rio speaking at the inaugural function of the new building of Directorate of Treasuries and Accounts Kohima on November 2. (Right) View of new building Directorate of Treasuries and Accounts located at New Capital complex Kohima. (DIPR Photos)
Kohima | November 2 : Nagaland’s Chief Minister Neiphiu Rio today stated that the Directorate of Treasuries and Accounts will now have to gear up to take up the additional responsibilities of implementing the new pension system which has already commenced.
“Gradually, this will replace the GPF system and the directorate will have to maintain records of all state government employees,” Rio said while inaugurating the new office building of the Directorate of Treasuries and Account here this morning.
This new directorate building is located near the Directorate of Information and Public Relations at the new capital complex.
Rio said the directorate is also expected to take over the issue of pay slips of all state government employees from the Accountant General in due course of time.
Rio said the directorate and all the officers and staff need to prepare themselves to be fully prepared to meet the challenges in the coming years.
Rio said the Directorate of Treasuries and Account was formally set up in 1980. Prior to this, the treasuries functioned as a part of DC’s establishments. During 1980 there are only 8 district treasuries and 2 sub treasuries. Since then, this has increased to 11 district treasuries and 12 sub treasuries. The functioning of the department has also increased by leaps and bounds.
In the year 1986, there were 38 directorates, 68 demands and the total budget was Rs. 344.93 crores (Plan, non plan and CSS). Today, there are 61 directorates, 82 demands with a total budget outlay of Rs. 6868.76 crores (plan, non-plan and CSS 2011-12 excluding debt servicing).
The Chief Minister said the treasuries today function as the custodian of all the financial transactions of the state government carried out through more than 970 DDOs, and enforce financial rules and guidelines prescribed by the government from time to time.
“They also carry out internal audit of various government departments, PSUs and NGOs receiving grants from the government,” Rio said adding that in respect of pensioners, the treasury officers function as DDOs.
The treasuries also prepare accounts for forwarding to the Accountant General and monitor the transactions of all departments, including DDO-wise sub-allocation of funds, Rio said and added the department thus functions as the right hand of the government in all financial matters.
Stating that the government has already acknowledged the significant role played by the directorate of treasuries and accounts and has been providing support for the infrastructure and facilities of the department, Rio said “Even in the coming years, the government will continue to provide whatever is necessary for the department to implement its duties and responsibilities in an efficient manner.”
On their part, Rio said the officers and staff must be willing and prepared to give their fullest commitment and dedication to the work and handle with professionalism as “there can be no room for any mistakes.”
Rio was also asserted that the directorate and its staff will be expected to play a key role in maintaining high standards of accounting and financial norms in all the state government departments, and in assisting the government to maintain proper financial control and supervision and better and efficient management of its resources.
In the meantime, Rio said the new directorate building will bring much relief to the directorate and the officers who have for many years been functioning from a private residence with much limitation of space and facilities.
“I am sure the new building will go a long way in providing a conducive atmosphere for the directorate to function more effectively and efficiently,” Rio said.
Chief Secretary of Nagaland, Lalthara IAS who also spoke on the occasion expressed that it was a comfortable feeling to see the new building stating it to be a much-awaited inauguration. The Chief Secretary regretted on the loopsided allocation of resources and pointed out that since statehood, only the plan departments get the plan funds whereas the actual core departments were neglected. He however expressed happiness that of late allocation of plan funds is also been given to the non-plan departments to take care of their requirements and viewed it as a welcome change.
Additional Chief Secretary & Finance Commissioner, Toshi Aier IAS who delivered the welcome address pointed out that the Directorate of Treasuries and Accounts is now poised to meeting multiple challenges where he said that the first and foremost was the challenge of computerising the functioning of Treasuries through which the entire transactions of the State government are carried out.
Earlier, welcome address was delivered by Toshi Aier, IAS, additional chief secretary and finance commissioner while vote of thanks was proposed by Z. Messen, director of treasuries & account.
“Gradually, this will replace the GPF system and the directorate will have to maintain records of all state government employees,” Rio said while inaugurating the new office building of the Directorate of Treasuries and Account here this morning.
This new directorate building is located near the Directorate of Information and Public Relations at the new capital complex.
Rio said the directorate is also expected to take over the issue of pay slips of all state government employees from the Accountant General in due course of time.
Rio said the directorate and all the officers and staff need to prepare themselves to be fully prepared to meet the challenges in the coming years.
Rio said the Directorate of Treasuries and Account was formally set up in 1980. Prior to this, the treasuries functioned as a part of DC’s establishments. During 1980 there are only 8 district treasuries and 2 sub treasuries. Since then, this has increased to 11 district treasuries and 12 sub treasuries. The functioning of the department has also increased by leaps and bounds.
In the year 1986, there were 38 directorates, 68 demands and the total budget was Rs. 344.93 crores (Plan, non plan and CSS). Today, there are 61 directorates, 82 demands with a total budget outlay of Rs. 6868.76 crores (plan, non-plan and CSS 2011-12 excluding debt servicing).
The Chief Minister said the treasuries today function as the custodian of all the financial transactions of the state government carried out through more than 970 DDOs, and enforce financial rules and guidelines prescribed by the government from time to time.
“They also carry out internal audit of various government departments, PSUs and NGOs receiving grants from the government,” Rio said adding that in respect of pensioners, the treasury officers function as DDOs.
The treasuries also prepare accounts for forwarding to the Accountant General and monitor the transactions of all departments, including DDO-wise sub-allocation of funds, Rio said and added the department thus functions as the right hand of the government in all financial matters.
Stating that the government has already acknowledged the significant role played by the directorate of treasuries and accounts and has been providing support for the infrastructure and facilities of the department, Rio said “Even in the coming years, the government will continue to provide whatever is necessary for the department to implement its duties and responsibilities in an efficient manner.”
On their part, Rio said the officers and staff must be willing and prepared to give their fullest commitment and dedication to the work and handle with professionalism as “there can be no room for any mistakes.”
Rio was also asserted that the directorate and its staff will be expected to play a key role in maintaining high standards of accounting and financial norms in all the state government departments, and in assisting the government to maintain proper financial control and supervision and better and efficient management of its resources.
In the meantime, Rio said the new directorate building will bring much relief to the directorate and the officers who have for many years been functioning from a private residence with much limitation of space and facilities.
“I am sure the new building will go a long way in providing a conducive atmosphere for the directorate to function more effectively and efficiently,” Rio said.
Chief Secretary of Nagaland, Lalthara IAS who also spoke on the occasion expressed that it was a comfortable feeling to see the new building stating it to be a much-awaited inauguration. The Chief Secretary regretted on the loopsided allocation of resources and pointed out that since statehood, only the plan departments get the plan funds whereas the actual core departments were neglected. He however expressed happiness that of late allocation of plan funds is also been given to the non-plan departments to take care of their requirements and viewed it as a welcome change.
Additional Chief Secretary & Finance Commissioner, Toshi Aier IAS who delivered the welcome address pointed out that the Directorate of Treasuries and Accounts is now poised to meeting multiple challenges where he said that the first and foremost was the challenge of computerising the functioning of Treasuries through which the entire transactions of the State government are carried out.
Earlier, welcome address was delivered by Toshi Aier, IAS, additional chief secretary and finance commissioner while vote of thanks was proposed by Z. Messen, director of treasuries & account.
