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Telangana State: Opening of new accounts set in motion
Telangana State: Opening of New Accounts Set in Motion. The financial department has instructed all other departments to open new current accounts for the sake of financial transactions of the newly emerging state Telangana concerned to their respective department.
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Hyderabad: The financial department has instructed all other departments to open new current accounts for the sake of financial transactions of the newly emerging state Telangana concerned to their respective department. Ajay Kallam, the financial Secretary has passed these instructions in view of the approaching appointed day, June 2.
It is worth mentioning here that the new accounts are required for drawing and disbursing the cash for their respective department transactions. So, it is mandatory to open the new accounts even before the appointment day for the smooth functioning of the departments.
From the other end, various other issues that become crucial in the matter of state bifurcation have been carried out on priority. It is evident that the state government employers will be getting their salary for the month of May and for June 1 as early as May 24, in view of the state bifurcation.
