Thursday, April 16
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CM-led Punjab Cabinet’s historic decision: Big relief to Punjab’s industry as Cabinet approves industrial plot conversion

qualifications (i.e., a diploma or degree in Civil, Mechanical, or Electrical Engineering from a recognized institution) and relevant experience will also be eligible under this quota. This move will bring experienced personnel into the department and incentivize employees to pursue higher qualifications.

Approval to Merge Various Directorates under the Department of Finance

For enhanced administrative efficiency and cost savings, the Cabinet approved the merger of various directorates under the Department of Finance. The Directorates of Small Savings, Banking & Finance, and Lotteries will be merged and renamed as the Directorate of Small Savings, Banking, and Lotteries. DPED and DFREI will be merged and renamed as the Directorate of Public Enterprises and Financial Resources. The Directorates of Treasury & Accounts, Pensions, and NPS will be merged into a single entity: Directorate of Treasury & Accounts, Pension, and NPS. This restructuring is expected to save the state approximately ₹2.64 crore annually.

Approval for Creation of New Posts for State SNA Treasury

The Cabinet also gave consent for the creation of new posts for the State SNA Treasury established in Chandigarh, in accordance with Government of India guidelines. Under Centrally Sponsored Schemes, funds are now transferred via the SNA SPARSH system. To operationalize the State SNA Treasury, the creation of the following nine posts was approved: District Treasury Officer, Treasury Officer, two Senior Assistants, four Clerks, and one Peon.