HomeNewsBusinessEconomyModi govt conducts pan-govt exercise to know status of implementation of Budget announcements

Modi govt conducts pan-govt exercise to know status of implementation of Budget announcements

In a letter written to all ministries earlier this month, the Department of Economic Affairs (DEA), under the Ministry of Finance, said that while budget announcements should be implemented within the same financial year, it has been observed that some of them take longer, requiring closer monitoring.

June 28, 2022 / 09:20 IST
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The Narendra Modi government has undertaken a major pan-government exercise to know the exact status of implementation of every budget announcement made for the past several financial years to track their progress better, News18 has learnt.
In a letter written to all ministries earlier this month, the Department of Economic Affairs (DEA), under the Ministry of Finance, said that while budget announcements should be implemented within the same financial year, it has been observed that some of them take longer, requiring closer monitoring.

As per sources in the government, all budget announcements from 2014-15 onwards will be considered.

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As part of the exercise, the DEA has six categories for all budget announcements across ministries.

They include those on which action has not been initiated due to unavoidable circumstances, those which are under reconsideration or have been dropped because of changed circumstances or those on which action has been initiated and are at a planning or approval stage.