Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Government to Eliminate Plan and Non-Plan Expenditure Classification from 2017-18, Focus Shifts to Revenue and Capital.</h1> The Union Finance Minister announced that the Plan and Non-Plan classification of government expenditure will be eliminated starting fiscal year 2017-18. This decision, presented during the General Budget 2016-17, addresses concerns raised by various committees regarding the effectiveness of this classification. Traditionally, Plan expenditures were viewed favorably, while Non-Plan expenditures were seen negatively, leading to imbalanced budget allocations. The change aims to shift focus towards Revenue and Capital classifications. The Finance Ministry will collaborate with State Finance Departments to ensure alignment between Central and State Budgets.