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Budget overhaul, advancement of session on Cabinet agenda

Budget overhaul, advancement of session on Cabinet agenda

The Union Cabinet is likely to consider proposal for Union Budget overhaul, including merging the Railway Budget with it and doing away with the distinction of plan and non-plan expenditure Wednesday.

 

Finance Ministry to do away with plan, non-plan classification by FY'18

Finance Ministry to do away with plan, non-plan classification by FY'18

With a view to improve expenditure management, Finance Ministry is contemplating doing away with the distinction between 'plan and non-plan' expenditure by 2017-18 and replacing it with 'capital and revenue' spending.

 

NITI Aayog to monitor, evaluate govt policies: Plan Minister

As lakhs of crores of rupees earmarked annually towards central Plan Expenditure, NITI Aayog will actively monitor and evaluate implementation of government programmes and initiatives, Planning Minister Rao Inderjit Singh said here Monday.

Budget 2014: Govt may hike Plan outlay by Rs 11,000 cr

The new government may enhance the Plan expenditure for 2014-15 by around Rs 11,000 crore in the Budget next month, which would be about 2 percent higher than what was provided in the previous fiscal budget.

Govt may hike Plan outlay by 2% over 2013-14 budget estimates

The lower fiscal deficit reduces the government's expenditure on interest payment.

Govt may cut Plan expenditure by Rs 80K cr to meet fiscal target

In the first six months of 2013-14, fiscal deficit has touched 76 percent of budget estimates.

Planning Commission advises states to maintain fiscal discipline

There has been no discussion so far on cutting Plan expenditure, the Planning Commission said on Thursday even as it asked states to maintain fiscal discipline.

Plan expenditure estimates for FY14 up 6.58% at Rs 5,55,322 cr

However, the jump in the Plan expenditure for 2013-14 is 29.4 percent when compared with the revised estimates of the same for current fiscal at Rs 4,29,187 crore.

All expenditure of USOF coverted to Plan expenditure

The government on Thursday approved change in funding arrangement for schemes under the Universal Service Obligation Fund including rolling out of a national network for broadband services in the country.