Government asks ministries to strictly adhere to the revised monthly spend plan
The finance ministry has directed ministries to cut down on expenditures incurred by them in the first quarter. It has told ministries to strictly adhere to the revised monthly and quarterly spend plans, and said that any deviation will need prior approval from the finance ministry.
The finance ministry has directed ministries to cut down on expenditures incurred by them in the first quarter. It has asked the ministries to strictly adhere to the revised monthly and quarterly spend plans and that any deviation will need prior approval from the finance ministry.
The memo says, "Keeping in view the present situation arising out of COVID-19 and the consequential lockdown, it is expected that the cash position of government may be stressed in Q1 of 2020-2021, reports Sapna Das.
First Published: Apr 8, 2020 11:56 PM IST
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