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Now, Useless Schemes Will Be Discontinued to Prevent Wasteful Expenditure: Requests for Budgets for Vacant Positions Will Be Prohibited, and Unnecessary Funds Will Have to Be Surrendered by December 31st.
Preparations to keep the fiscal deficit within 3 percent. Amidst the circumstances of the halting of many project payments due to low revenue and high expenditure, the Bihar government has initiated an exercise to curb wasteful expenditure. Under this initiative, old and useless schemes that have failed to achieve their objectives will be completely discontinued. Departments have also been prohibited from requesting budgets for such schemes. Req…
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Preparations to keep the fiscal deficit within 3 percent. Amidst the circumstances of the halting of many project payments due to low revenue and high expenditure, the Bihar government has initiated an exercise to curb wasteful expenditure. Under this initiative, old and useless schemes that have failed to achieve their objectives will be completely discontinued. Departments have also been prohibited from requesting budgets for such schemes. Req…