None

StaffCorner

17 Jun, 2021 06:32 PM

Fin Min: Aim for 20% reduction in controllable expenditure

Fin Min: Aim for 20% reduction in controllable expenditure

No.7(1)E.Coord/2020
Government of India
Ministry of Finance
Department of Expenditure

***

North Block, New Delhi
Dated the 10″ June , 2021

Office Memorandum

Subject: Curtailing avoidable expenditure: 20% reduction in controllable expenditure.
The Government has decided all Ministries/Departments should take steps to curb wasteful/ avoidable expenditure and aim for 20% reduction in controllable expenditure. The Department of Expenditure has been directed to review the progress in the matter. 

2. Therefore, all the Ministries/Departments are requested to take steps to curtail all avoidable non-scheme expenditure and aim for 20% reduction in controllable expenditure, in compliance of the above decision. Expenditure in 2019-20 may be taken as the baseline for this purpose. A suggestive list of object heads of controllable expenditure is attached.

3. Expenditure related to containment of the Covid-19 pandemic is excluded from the scope of this order.

4. This issues with the approval of Finance Secretary.

 (Thanglemlian)
Joint Secretary to the Government of India




Whatsapp Share Button

⌂ Go to StaffCorner.com Home Page



Latest in Important News
Latest in Other News Sections


StaffCorner brings you the latest authentic Central Government Employees News.
About us | Privacy Policy | Terms and Conditions | Archives