Order on Funds Transfer a Violation of Treasury Code

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State Governments in India, norms of treasury code. www.ambitionias.com
  • 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)
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