AP Finance Chief Special Secretary Ravi Chandra clarifies about PD Accounts. He said the name Personal Deposit Account was mistaken as personnel accounts on individual's name. Ravi Chandra clarified that the PD accounts should always be on the name of institution or organisation. The amount deposited in these accounts would be dispensed as per the rules and regulations of the govt operated by govt treasury employees or their deputed staff in various govt institutions. He said, the bills would be passed only by the concerned department.
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