Measures for Cutting Non-Plan Expenditure.

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..... Measures for Cutting Non-Plan Expenditure.
News and Press Release
Dated:- 15-5-2012

Press Information Bureau Government of India Ministry of Finance 15-May-2012 16:44 IST Measures for Cutting Non-Plan Expenditure The details of non-plan expenditure during the last three years i.e. 2009-2010, 2010-11, 2011-12 (RE) and 2012-2013 (BE) are as under: (Rs. In crore) Actuals RE B .....

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..... E 2009-10 2010-11 2011-12 2012-13 Revenue 657925 726491 815740 865596 Capital 63171 91808 76376 104304 Total 721096 818299 892116 969900 As % of GDP 11.2% 10.7% 10.0% 9.5% Therefore, while the non plan expenditure has gone up in absolute terms over last three years, however, as a percentage of GDP, it has shown declining trend. Government is committed to carry on the proc .....

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..... ess of fiscal consolidation vigorously. In order to adhere to the fiscal targets set in Budget and for better expenditure management, Government has issued orders in May and July, 2011 for enforcing 10% cut on budgetary allocations for holding seminars, workshops and conferences, ban on holding meetings and conferences at 5 star hotels, ban on purchase of vehicles except for the operational requir .....

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..... ements of Defence Forces, Central Paramilitary Forces and security related organizations, restrictions on foreign travel and adhering to the quarterly ceilings under foreign travel expenses, ban on creation of Plan and Non Plan posts, except for new organizations which are set up based on approved schemes, strict discipline in employing consultancy assignments. Fiscal transfers to States, Public S .....

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..... ector Undertakings and Autonomous Bodies at Central/ State/ Local level are also required to be monitored strictly for default in furnishing utilization certificates, fulfillment of conditionalities attached to releases of Plan funds in case of matching funds and adjustment of unspent balances in the current releases. Steps have been taken for greater fiscal discipline and may not be quantifiabl .....

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..... e. This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in the Rajya Sabha today. ***** DSM/SS/SL
News - Press release - PIB .....

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