Centre puts on hold all new Govt schemes amid COVID-19 spread for one year

New Delhi/June,5 :No new government schemes will start for a year, the Finance Ministry said on Friday that in a move to tighten spending amid rising coronavirus cases all the ministries have been told to stop sending requests for new schemes to the finance ministry.
Spending will only be allowed in the Prime Minister’s Garib Kalyan Package and the announcements made under the Atmanirbhar Bharat package recently. No other scheme would be approved this financial year, said the ministry.

“It may be appreciated that in the wake of the COVID-19 pandemic, there is an unprecedented demand on public financial resources and a need to use resources prudently in accordance with emerging and changing priorities,” a finance ministry note said.Schemes already approved under the Budget will also stay suspended till March 31.The note also said any exception to these new rules would need to be approved by the Department of Expenditure.

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COVID-19

India
Confirmed: 625,544Deaths: 18,213