Money

Finance Ministry cuts non-priority expenditure, new posts amid slump in revenues

By: ENS Economic Bureau | New Delhi |

September 5, 2020 12:55:02 am





The Department of Expenditure stated in an workplace order stated there will probably be a ban on creating new posts, besides with approval of the Expenditure Department. (Photo: PTI)

To prioritise authorities expenditure amid falling revenues, the Finance Ministry on Friday introduced measures to additional curtail non-development expenditure and banned creation of new posts in ministries and departments. The authorities has additionally banned expenditure on printing of books and paperwork on imported paper and requested departments to cut back the variety of consultants appointed by them for numerous functions.

“ln the context of the present fiscal situation and the consequent pressure on government resources there is a need for further economy and rationalisation of non-priority expenditure, while protecting and preserving priority expenditure,” the Department of Expenditure stated in an workplace order.



With regard to administrative expenditure, the Department of Expenditure, underneath the Finance Ministry, stated no printing or publishing of books, publications, paperwork will probably be achieved on imported paper, besides the place printing is finished overseas by Indian missions.

“Expenditures on functions such as celebrations of Foundation Day etc, should be discouraged or if felt necessary be appropriately curtailed. In any case, travel for such functions and provision of bags or mementos should be avoided,” the ministry stated. It requested all of the ministries /departments to hold out a assessment of the person consultants appointed by them in consonance with the provisions of General Financial Rules and cut back variety of consultants to the minimal requirement.

It stated there will probably be a ban on creating new posts, besides with approval of the Expenditure Department. “If any post has been created after July 1, 2020, under delegated powers or authority, without approval of Expenditure Department and have not yet been filled, then shall posts shall not be filled. If it is deemed absolutely essential to fill them, proposals may be sent for approval of Department of Expenditure,” it stated.

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