Question : UTILISATION OF FUNDS



(a) whether the panel headed by C. Rangarajan had submitted a report in August 2011, recommending creation of a Central Plan monitoring system to provide information on utilisation of funds by the Central Ministries and if so, the details thereof and the action taken thereon; and

(b) whether the report also suggests that the Ministry of Finance should design annual budgets for the Ministries later to be approved by the Planning Commission and if so, the reaction of the Government thereto?

Answer given by the minister


MINISTER OF STATE FOR PLANNING, SCIENCE AND TECHNOLOGY AND EARTH SCIENCES (DR. ASHWANI KUMAR)

(a) : The High Level Expert Committee on efficient management of Public Expenditure headed by Dr. C. Rangarajan recommended that the Central Plan Scheme Monitoring system (CPSMS) should be extended to enable tracking of utilization of funds for all Central Schemes in all States for which resources are either transferred through treasury route or society route. CPSMS was launched in April, 2008 as central Sector Scheme with a view to putting in place a suitable Management Information System (MIS) and Decision Support System (DSS) to enable informed planning, budgeting and decision making and meaningful monitoring of plan Schemes of the Union Government. The Scheme is being operationalized in phases. The scheme will be fully rolled out during the 12th Five Year Plan.

(b): The Rangarajan Committee has recommended to revise the Annual Budgeting process. The recommendations of the Committee are being examined.