Srinagar, Jan. 30 -- The Jammu and Kashmir Finance Department has authorized the further release of funds under the Revenue Budget for the Financial Year 2024-25.

The authorization follows Government Order No. 268-F of 2024, dated August 16, 2024, and an earlier order issued on January 9, 2024.

According to the order, the funds have been released to the extent of 100% of the Budget Estimates (BE) 2024-25 or as per the reworked Revised Estimates (RE) 2024-25, whichever is lower.

This applies to all detailed heads, including "Salary" and similar expenditure categories, where at least 70% of the released funds have already been utilized.

For detailed heads where expenditure is below 70%, the funds have been released up to 85% of BE 2024-...