Thiruvananthapuram: The state government has implemented stricter control over treasury transactions by decreasing the limit for bill clearance without restrictions from Rs 25 lakh to Rs 5 lakh. This revised limit also applies to local bodies, meaning that their payments will be affected as well. Under the new regulations, any bills exceeding Rs 5 lakh will require approval from the finance department before they can be cleared. This adjustment may cause delays in clearing even small bills, potentially slowing down state administration operations. The additional chief secretary (finance) has circulated a letter on treasury control to all treasury officers. The Centre has authorized the state government to borrow an extra Rs 4,200 crore for Onam expenses, raising the total permissible borrowing for the financial year to Rs 37,512 crore. As of the first week of September, Rs 21,253 crore had already been borrowed, with the remainder planned to be borrowed between January and March of the following year. Due to the considerable expenses related to Onam festivities, the government requested permission to borrow an additional Rs 5,000 crore. Responding to this request, the Centre approved a borrowing of Rs 4,200 crore. Concerns about the financial situation have prompted the state finance department to consider how to fund salaries, pensions, outstanding bills, and arrears. To address budgetary constraints, the state government has decided to downsize the State Plan for the current financial year, focusing only on essential projects. A cabinet sub-committee has been established to oversee this restructuring, and the proposal to implement these changes has been approved by the cabinet.Submit the planned expenditure.