Govt tweaks spending norms for Contingency Fund of India
The government has tweaked spending norms for Contingency Fund of India, allowing 40% of the total corpus to be placed at disposal of the Expenditure Secretary. What are the proposed changes? Budget 2021-22 proposed to enhance the Contingency Fund of India from ₹500 crore to ₹30,000 crore through Finance Bill. An amount equivalent to 40… Continue reading Govt tweaks spending norms for Contingency Fund of India

