The finance ministry has instructed all ministries and departments to set clear sundown clauses and timelines for each new centrally sponsored scheme (CSS). Present schemes that can proceed below the sixteenth Finance Fee cycle beginning April 1, 2026 should additionally comply with these guidelines, in line with a report by Financial Instances.
The ministry has requested for further particulars from ministries, together with the explanation for persevering with any scheme, precise spending in comparison with finances over the previous 5 years, the move of funds from the central pool to the ultimate beneficiary and the variety of posts created only for the scheme, after appraising every CSS.
Deadline prolonged to early January
The Division of Expenditure, a part of the finance ministry, issued this directive within the first week of December, asking ministries to replace their appraisal stories with these particulars and submit them by the primary week of January, in line with a letter seen by ET.
The brand new info is supposed to measure scheme efficiency, establish ministries that repeatedly fail to satisfy spending targets and observe how funds transfer to point out the time taken for approvals and releases. Ministries had been earlier speculated to submit stories by end-December, however they acquired an additional week due to these new necessities, the information outlet reported citing officers.
“There’s a clear instruction that each one schemes should carry a sundown clause that assesses the fiscal burden on the exchequer and lays out a roadmap and timeline for attaining outcomes,” a senior official advised ET.
5-year appraisal to take away redundant schemes
The appraisal, finished each 5 years, evaluations every scheme’s efficiency, high quality of spending, fund utilization and outcomes and helps section out redundant programmes to optimise public spending.
Schemes reviewed by Niti Aayog will comply with the identical course of. Even when third-party evaluations have been finished, ministries should submit their very own information, evaluation, and findings together with the exterior stories, the letter added.
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