MINISTRY OF FINANCE ISSUES OM ON ENHANCEMENT OF FINANCIAL POWERS OF MINISTRIES / DEPARTMENTS

DEPARTMENT OF EXPENDITURE [MOF] ISSUED OM ON ENHANCEMENT OF FINANCIAL POWERS OF MINISTRIES / DEPARTMENTS

Financial Powers of Secretary of Department is enhanced as 20 Crores on Non-Plan Expenditure / Projects

Upto Rs.50 Crores beyond 20 crores shall be finalised by the Standing Finance Committee headed by the Secretary and approved by the Minister -in-charge of the Administrative Ministry and expenditure beyond 50 crores and upto 75 crores shall be finalised by the above Standing Finance Committee with a Member from Department of Expenditure in the Committee with the approval of the Minister in-charge of the Administrative Ministry.

All Non-Plan Expenditure / Project above Rs.75 crores shall be finaised only in the Appraisal Forum at the level of CNE [Committee on Non-Plan Expenditure] comprising of Secretary Department of Expenditure as the Chairman and Secretary Planning Commission and the Secretary of the concerned Department. However depending upon the expenditure quantum the CNE appraisals have to be approved by the Minister in-charge or by the Minister -in-charge and the Finance Minister or by the Cabinet / CCEA.

The text of the MOF Orders is available in the website of the Ministry of Finance or downloadable by clicking the link below:

http://finmin.nic.in/the_ministry/dept_expenditure/DFPR/enhance_power.pdf