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Order on Funds Transfer a Violation of Treasury Code

April 28, 2014 by Admin Leave a Comment

  • Karnataka State govt alleged executive order on funds transfers from departments to banks against norms of treasury code.
  • For any executive order govt needs to take the assembly sanction, but now it is ploy to enforce decisions that could not be revoked latter on.
  • Govt came under fire for the move, had to pass its withdrawal but major part of the diverted funds still parked in banks.

Exams Perspective:

  1. ECI
  2. Model Code of Conduct (MCC)

Filed Under: Current Affairs, National Tagged With: ECI, Model Code of Conduct (MCC), Norms of treasury code., State govt alleged executive

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