Question : IMPLEMENTATION OF FRBM QUESTION

(a) whether the Government proposes to postpone implementation of the Fiscal Responsibility and Budget Management (FRBM) Act for two years as reported in Rashtriya Sahara dated January 08, 2007;

(b) if so, the reasons therefor;

(c) whether an assessment has been made regarding possibility of making up the scarcity of funds by the said arrangement during the financial year;

(d) if so, the details thereof;

(e) whether funds for flagship schemes are being scaled down; and

(f) if so, the details thereof and the reasons therefor?

MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PAWAN KUMAR BANSAL)

(a) : No Sir. The fiscal consolidation is proceeding according to the FRBM Act.

(b) : Does not arise.

(c) to (f): The eight flagship programmes of the Government continue to receive high priority in the Budget 2007-08.