This story is from April 9, 2020

Telangana government seeks info on finances of departments

With the revenues of the state hit badly due to the lockdown, the finance department has asked all the heads of the departments (HoDs) to furnish information on savings bank deposits, current and fixed deposits in various banks as on March 31. The government also sought information from various corporations, agriculture market committees and other societies on the deposits they have. Sources said if the fixed deposits are closed prematurely, the money is likely to be transferred to the exchequer and used to tackle the Covid-19 crisis.
Telangana government seeks info on finances of departments
HYDERABAD: With the revenues of the state hit badly due to the lockdown, the finance department has asked all the heads of the departments (HoDs) to furnish information on savings bank deposits, current and fixed deposits in various banks as on March 31. The government also sought information from various corporations, agriculture market committees and other societies on the deposits they have.
Sources said if the fixed deposits are closed prematurely, the money is likely to be transferred to the exchequer and used to tackle the Covid-19 crisis.
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