Finance Ministry imposes restrictions on non-essential ministies' spendings!
The onset of the COVID-19 Novel Corona Virus Pandemic has changed everybody's way of life, as they know it. Day-to-day life has changed drastically and even the way the government functions, has changed. All the governments of the world are coming up with emergency measures to tackle the spread of this Virus and to also deal with the ramifications of death and infection on a large scale. This, the Finance Ministry of the Indian Government has also come up with some new sanctions. A memorandum issued by the Finance Ministry states that restrictions are being imposed on non-essential expenditures, in view of the COVID-19 crisis.
The memorandum states, "The existing guidelines for expenditure control have been reviewed. Keeping in view the present situation arising out of COVID-19 and the consequential lockdown, it is expected that the cash position of the Government may be stressed in the first quarter of 2020-21." This has made it essential that the government fix the Quarterly Expenditure Plan (QEP) or Monthly Expenditure Plan (MEP) of specific ministries or departments. Departments & ministries like Health & Family Welfare, food & public distribution, pharma and Ayush would be getting their allocated funds and even more, while sectors like road transport, fertilizers, post, petroleum, coal and commerce, would be getting budget cuts! This move comes within days of the Cabinet approving a 30% cut in the salaries & allowances of MPs for a period of a year. The President, Vice President and Governors of various states have decided to take voluntary pay cuts to help during this time of crisis.
எங்களுக்கும் வருத்தம் தான் - மாஸ்டர் ரிலீஸ் குறித்து படக்குழு பதிவு !
09/04/2020 02:20 PM
ஒரு ரசிகனா ரொம்ப கஷ்டமா இருக்கு ! இயக்குனர் ரத்னகுமார் பதிவு
09/04/2020 12:25 PM
யூடியூப் சேனல் தொடங்கும் ரகுல் ப்ரீத் சிங் !
09/04/2020 11:20 AM
இதை தளபதி கிட்ட கேளுங்க ! ரசிகருக்கு அதிதி ராவ் பதில்
08/04/2020 12:52 PM
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