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Union Govt set to monitor Central allocation utilization




 With the Union Government deciding to centrally monitor the expenditure of all the Central Sector (CS) and Central Assistance to State Plans (CASP)s, chances of diversion of Central funds to the State Sector  programmes look remote.

Ashok Lavasa, Union Secretary Expenditure in the Ministry of Finance has announced that the Controller General of Accounts (CGA) will chalk out the Implementation Strategy for such spending.

Lavasa has informed the State Government that after various reviews, Prime Minister Narendra Modi has emphasized on improved financial management processes in the implementation of CS and CASPs, said sources.
Earlier, as the State Governments were having flexibility in handling these funds, there were instances of diversion of Central Funds in implementing State Sponsored Programmes.
Now, as the CGA has chalked out the Implementation Strategy and the State Government will strictly follow the procedure, scope for diversion of funds for other developmental works seems limited, admit officials.
The Union Secretary has made it clear that Central Funds will be released on time and complete monitoring of usage of fund, including information on its ultimate utilization, will be taken up.
According to sources, to comply with the above directions, it has been decided to upscale the coverage of Public Fund Management System (PFMS), both for CS and CASP Schemes.
While implementation of CS and CASPs are done by the State Government, spending monitoring will be intensely taken up by the Union Government, said the sources.
Henceforth, Central Ministries will use PFMS for release of funds to the State and utilization will be done through the State Treasuries as these Treasuries will be integrated with PFMS, managed by the CGA in Union Government, they said.
Expenditure through the State Implementing Agencies (SIA)s will also be monitored from the State Treasury by the CGA, they said adding State Treasuries will be registered on PFMS and accordingly the Union Government has asked the State to send their requirements to implement the strategy.
Integration of PFMS with State Treasuries will make the entire operations transparent and there will be little scope for diversion of funds to any other developmental projects, pointed out a senior official.
Lavasa said that this system will be beneficial for both Centre and State Government to better monitor utilization of funds and urged the State Government to take up the integration task on a mission mode and time bound manner.
Several State Governments also complain that Union Government is not releasing funds in time. With implementation of such integration, there will be little scope for delay, said an official.





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