Fin Min asks ministries not to seek fresh funds

October 24, 2012 17:26

The finance ministry has asked all central ministries to strictly adhere to the budgeted allocation as it would not be possible to provide additional funds because of the tight fiscal situation in the current fiscal.

"We have strictly asked all administrative ministries to stick to the funds provided in the 2012-13 budget and not seek any further funding under any scheme," a finance ministry official said.

The finance ministry has indicated this to central ministries while working out revised estimates for the current fiscal. The revised estimates would be presented before Parliament during the Budget for 2013-14.

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