Finance Ministry will examine financial and operational performance of major 70 government schemes, like mid-day meal, bank recapitalisation and rural employment guarantee scheme. In this regard the ministry has asked expenditure details from the concerned ministries and departments. Some of the other major schemes which are to be examined include Ashtray Kristi Vices Yolanda, equity infusion in Air India, Haj subsidy, e-governance projects, modernisation of State police forces and Sarva Shiksha Abhiyan.
The Ministry in a circular said that “To decide about the sectoral projections it has been decided that major programme of Government will be examined and the meetings under the Chairmanship of Finance Secretary will be held in July, 2013”.
The review is being done for fiscal year 2013-14 as government would be tabling Medium Term Expenditure Framework (MTEF) statement in Parliament in the upcoming Monsoon Session. The MTEF statement to be laid will be consistent with the medium term fiscal policy framework laid in the Budget session and will lay down the expenditure commitments for various sectors over a three-year rolling framework.
