Tuesday, September 8, 2009

Expenditure Management - Economy Measures and Rationalization of Expenditure

Ministry of Finance, in OM No No. 7(1) E.Coord/2009 dated 7.9.2009 has issued following guidelines on expenditure management :-

10% Cut imposed in the non - plan expenditure under the following heads:-

(a) Domestic and Foreign Travel expenses. (b) Publications (c) Professional Services (d) Advertising and Publicity (e) Office expenses (f) POL (except for security related requirement) (g) Other administrative expenses

Remaining portin of non-plan expenditure will be subjected to a mandatory 5% cut excluding interest payments, repayment of debt, Defence Capital, Salaries, Pension and the Finance commission grants to the States.

For details click here to see Finance Ministry OM dated 27.9.2009

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