Government Budgets

More spending autonomy for Ministries

  1. News: The threshold of non-Plan project expenditure that can be approved by ministries has been raised from Rs 150 crore to Rs 500 crore
  2. The Finance Ministry’s nod will be needed for expenditure between Rs 500 crore and Rs 1,000 crore, beyond which Cabinet approval would be required
  3. Impact: Expected to expedite the appraisal and approval process in the central government ministries/ departments
  1. News: The threshold of non-Plan project expenditure that can be approved by ministries has been raised from Rs 150 crore to Rs 500 crore
  2. The Finance Ministry’s nod will be needed for expenditure between Rs 500 crore and Rs 1,000 crore, beyond which Cabinet approval would be required
  3. Impact: Expected to expedite the appraisal and approval process in the central government ministries/ departments
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