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Prof K Nageswar on CBI Enquiry On PD Accounts?

Sat, Aug 11, 2018, 11:36 AM
Prof K Nageswar explaining about Govt's Finanacial Management with regard to PD accounts. Tthe funds could be operated by Directorate of Treasury Account and Directorate of Works Accounts after Pre-Audit. Nageswar clarified that PD accounts are not personal accounts but they are operated by special officers and it is an important procedure that state govts use in March to protect the lapsing funds. AP govt is answerable over maintenance of 1,000s of PD accounts unlike any other states and withdrawal of 70% of Non-committed expenditure of unusual amounts over which GVL & BJP govt is demanding CBI enquiry.
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