July 23, 2020
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Capital expenditure monitoring requires CPSEs to accelerate spending and flag unresolved issues for immediate central action.
Directive requires seven CPSEs under Civil Aviation, Steel and the Railway Board to prioritise timely utilisation of allocated capital outlay, improve execution amid COVID 19 constraints, and coordinate intensified planning. Secretaries and the Railway Board will closely monitor performance, expect mid year spending progress, and immediately escalate unresolved impediments to central departments for action; the Finance Minister will conduct monthly CAPEX review meetings to ensure accelerated capital deployment and administrative oversight.