Finance Ministry relaxes spending norms to boost capital expenditure
To boost the economy with the fresh COVID-19 wave, the Finance Ministry has relaxed the spending guidelines to enable ministries and departments to incur capital expenditure of Rs 44,000 crore as envisaged in the budget of 2021-22. According to an Office Memorandum (OM) released by the Finance Ministry on Thursday, the Monthly / Quarterly Expenditure …
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