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. 

The announcement comes as the country recorded 9, 851 cases of coronavirus and 273 deaths in the last 24 hours - the highest single-day count till date. The total cases in the country has climbed to 2,26,770. So far 1,09,462 people have recovered and 6,348 have died, while the recovery rate or the chances of people getting better is 48.27 per cent.

India is now the seventh worst-hit nation after the US, Brazil, Russia, the UK, Spain and Italy. In terms of active cases, the country figures among the top-five nations. 

On May 12, Prime Minister Narendra Modi had announced a Rs 20 lakh crore package, which combined the government's earlier announcements on supporting key sectors as also measures rolled out by the Reserve Bank of India. The package was later released in several phases by Finance Minister Nirmala Sitharaman, focusing on migrant labours, poor, farmers, MSMEs and the middle-class.  

Posted By: Abhinav Gupta