No new schemes this year, except proposals under special COVID-crisis packages: Finance Ministry
New Delhi | Jagran Business Desk: Finance Minister Nirmala Sitharaman on Friday announced that the Centre will not announce any other new schemes this year other than those announced special packages to deal with the coronavirus crisis, the Finance Ministry announced on Friday.
“No New Scheme/Sub Scheme, whether under delegate power to ministry including SFC proposals or through EFC should be initiated in 2020-21 except proposal announced under PM Gareeb Kalyan Package, Aatma Nirbhar Bharat Abhiyan Package and any other special packages,” the Finance Ministry said in a statement.
All ministries have been told to stop sending requests for new schemes to the finance ministry.
The note also said any exception to these new rules would need to be approved by the Department of Expenditure.
"It may be appreciated that in the wake of the COVID-19 pandemic, there is an unprecedented demand on public financial resources and a need to use resources prudently in accordance with emerging and changing priorities," a note by the finance ministry read.
Schemes been which have already approved under the Union Budget will also stay suspended till March 31 next year.
Posted By: Abhinav Gupta