Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Finance ministry for 10% cut in non-plan expenditure    </title>
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-The Economic Times





The finance ministry on Thursday announced a 10% cut in non-plan expenditure in the current fiscal as part of austerity measures aimed at containing its ballooning fiscal deficit.





The Centre is aiming to bring down its fiscal deficit to..."/>
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-The Economic Times





The finance ministry on Thursday announced a 10% cut in non-plan expenditure in the current fiscal as part of austerity measures aimed at containing its ballooning fiscal deficit.





The Centre is aiming to bring down its fiscal deficit to..." />
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                            <div style="text-align: justify">-The Economic Times</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The finance ministry on Thursday announced a 10% cut in non-plan expenditure in the current fiscal as part of austerity measures aimed at containing its ballooning fiscal deficit.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Centre is aiming to bring down its fiscal deficit to 5.1% of GDP in 2012-13, from 5.76% in the previous fiscal. It also hopes to cut its subsidy bill to below 2% of GDP this year.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The ministry has argued that there is tremendous pressure on government resources, which necessitates rationalisation and optimisation of resources.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The cut will not apply to interest payments, repayment of debt, defence capital expenditure, salaries, pensions and grants to states. The total non-plan expenditure is Rs 9.7 lakh crore, but after the exclusions the government could only save at most Rs 20,000 crore.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">It also announced a ban on creation of new posts and on holding government functions in five-star hotels. The directive from the ministry's expenditure division to all ministries and department has also imposed curbs on foreign travel. It has also directed that the size of delegations and the duration of visits be kept to &quot;absolute minimum&quot;. Re-appropriation proposals on this will not be approved.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;There will be a total ban on holding of meetings and conferences in five-star hotels...purchase of vehicles is banned until further orders,&quot; said an office memorandum issued by the ministry.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Earlier this month, Finance Minister Pranab Mukherjee had said in the Rajya Sabha that he would impose new austerity measures.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;I am going to issue some sort of austerity measures... whether people like it or not ... to convey a signal that we are responding to the situation,&quot; he had said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The ministry has also cautioned that the rush of expenditure on procurement should be avoided during the last quarter of the fiscal and, in particular, the last month of the year &quot;so as to ensure that all procedures are complied with and there is no infructuous or wasteful expenditure&quot;.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The memorandum says that funds should not be released without prior approval of the ministry to any entity, including state governments, which default in furnishing utilisation certificates for grants-in-aid released by the Central government.&nbsp;</div>                                                           
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    <br><a href="http://economictimes.indiatimes.com/news/economy/finance/finance-ministry-for-10-cut-in-non-plan-expenditure/articleshow/13694821.cms" class="re" target="_blank">The Economic Times, 1 June, 2012, http://economictimes.indiatimes.com/news/economy/finance/finance-ministry-for-10-cut-in-non-plan-expenditure/articleshow/13694821.cms</a><div class="clear"></div>
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The finance ministry on Thursday announced a 10% cut in non-plan expenditure in the current fiscal as part of austerity measures aimed at containing its ballooning fiscal deficit.





The Centre is aiming to bring down its fiscal deficit to..."/>
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-The Economic Times





The finance ministry on Thursday announced a 10% cut in non-plan expenditure in the current fiscal as part of austerity measures aimed at containing its ballooning fiscal deficit.





The Centre is aiming to bring down its fiscal deficit to..." />
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    <h1 class="cat-box-title">Finance ministry for 10% cut in non-plan expenditure</h1>
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                            <div style="text-align: justify">-The Economic Times</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The finance ministry on Thursday announced a 10% cut in non-plan expenditure in the current fiscal as part of austerity measures aimed at containing its ballooning fiscal deficit.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Centre is aiming to bring down its fiscal deficit to 5.1% of GDP in 2012-13, from 5.76% in the previous fiscal. It also hopes to cut its subsidy bill to below 2% of GDP this year.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The ministry has argued that there is tremendous pressure on government resources, which necessitates rationalisation and optimisation of resources.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The cut will not apply to interest payments, repayment of debt, defence capital expenditure, salaries, pensions and grants to states. The total non-plan expenditure is Rs 9.7 lakh crore, but after the exclusions the government could only save at most Rs 20,000 crore.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">It also announced a ban on creation of new posts and on holding government functions in five-star hotels. The directive from the ministry's expenditure division to all ministries and department has also imposed curbs on foreign travel. It has also directed that the size of delegations and the duration of visits be kept to &quot;absolute minimum&quot;. Re-appropriation proposals on this will not be approved.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;There will be a total ban on holding of meetings and conferences in five-star hotels...purchase of vehicles is banned until further orders,&quot; said an office memorandum issued by the ministry.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Earlier this month, Finance Minister Pranab Mukherjee had said in the Rajya Sabha that he would impose new austerity measures.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;I am going to issue some sort of austerity measures... whether people like it or not ... to convey a signal that we are responding to the situation,&quot; he had said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The ministry has also cautioned that the rush of expenditure on procurement should be avoided during the last quarter of the fiscal and, in particular, the last month of the year &quot;so as to ensure that all procedures are complied with and there is no infructuous or wasteful expenditure&quot;.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The memorandum says that funds should not be released without prior approval of the ministry to any entity, including state governments, which default in furnishing utilisation certificates for grants-in-aid released by the Central government.&nbsp;</div>                                                           
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The finance ministry on Thursday announced a 10% cut in non-plan expenditure in the current fiscal as part of austerity measures aimed at containing its ballooning fiscal deficit.





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-The Economic Times





The finance ministry on Thursday announced a 10% cut in non-plan expenditure in the current fiscal as part of austerity measures aimed at containing its ballooning fiscal deficit.





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    <h1 class="cat-box-title">Finance ministry for 10% cut in non-plan expenditure</h1>
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                            <div style="text-align: justify">-The Economic Times</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The finance ministry on Thursday announced a 10% cut in non-plan expenditure in the current fiscal as part of austerity measures aimed at containing its ballooning fiscal deficit.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Centre is aiming to bring down its fiscal deficit to 5.1% of GDP in 2012-13, from 5.76% in the previous fiscal. It also hopes to cut its subsidy bill to below 2% of GDP this year.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The ministry has argued that there is tremendous pressure on government resources, which necessitates rationalisation and optimisation of resources.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The cut will not apply to interest payments, repayment of debt, defence capital expenditure, salaries, pensions and grants to states. The total non-plan expenditure is Rs 9.7 lakh crore, but after the exclusions the government could only save at most Rs 20,000 crore.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">It also announced a ban on creation of new posts and on holding government functions in five-star hotels. The directive from the ministry's expenditure division to all ministries and department has also imposed curbs on foreign travel. It has also directed that the size of delegations and the duration of visits be kept to &quot;absolute minimum&quot;. Re-appropriation proposals on this will not be approved.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;There will be a total ban on holding of meetings and conferences in five-star hotels...purchase of vehicles is banned until further orders,&quot; said an office memorandum issued by the ministry.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Earlier this month, Finance Minister Pranab Mukherjee had said in the Rajya Sabha that he would impose new austerity measures.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;I am going to issue some sort of austerity measures... whether people like it or not ... to convey a signal that we are responding to the situation,&quot; he had said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The ministry has also cautioned that the rush of expenditure on procurement should be avoided during the last quarter of the fiscal and, in particular, the last month of the year &quot;so as to ensure that all procedures are complied with and there is no infructuous or wasteful expenditure&quot;.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The memorandum says that funds should not be released without prior approval of the ministry to any entity, including state governments, which default in furnishing utilisation certificates for grants-in-aid released by the Central government.&nbsp;</div>                                                           
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Finance ministry for 10% cut in non-plan expenditure

Published on Jun 1, 2012   Modified on Jun 1, 2012

-The Economic Times The finance ministry on Thursday announced a 10% cut in non-plan expenditure in the current fiscal as part of austerity measures aimed at containing its ballooning fiscal deficit. The Centre is aiming to bring down its fiscal deficit to 5.1% of GDP in 2012-13, from 5.76% in the previous fiscal. It also hopes to cut its subsidy bill to below 2% of GDP this year. The ministry has argued that there is tremendous pressure on government resources, which necessitates rationalisation and optimisation of resources. The cut will not apply to interest payments, repayment of debt, defence capital expenditure, salaries, pensions and grants to states. The total non-plan expenditure is Rs 9.7 lakh crore, but after the exclusions the government could only save at most Rs 20,000 crore. It also announced a ban on creation of new posts and on holding government functions in five-star hotels. The directive from the ministry's expenditure division to all ministries and department has also imposed curbs on foreign travel. It has also directed that the size of delegations and the duration of visits be kept to "absolute minimum". Re-appropriation proposals on this will not be approved. "There will be a total ban on holding of meetings and conferences in five-star hotels...purchase of vehicles is banned until further orders," said an office memorandum issued by the ministry. Earlier this month, Finance Minister Pranab Mukherjee had said in the Rajya Sabha that he would impose new austerity measures. "I am going to issue some sort of austerity measures... whether people like it or not ... to convey a signal that we are responding to the situation," he had said. The ministry has also cautioned that the rush of expenditure on procurement should be avoided during the last quarter of the fiscal and, in particular, the last month of the year "so as to ensure that all procedures are complied with and there is no infructuous or wasteful expenditure". The memorandum says that funds should not be released without prior approval of the ministry to any entity, including state governments, which default in furnishing utilisation certificates for grants-in-aid released by the Central government.

The Economic Times, 1 June, 2012, http://economictimes.indiatimes.com/news/economy/finance/finance-ministry-for-10-cut-in-non-plan-expenditure/articleshow/13694821.cms

Tagged with: Governance

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