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>Ministry of Finance Boosts Fiscal Governance with DBT, Public Procurement Reforms, and Unified Pension Scheme in 2024.</h1> The Department of Expenditure, Ministry of Finance, has made significant strides in fiscal governance and public welfare in 2024. Key achievements include the implementation of Direct Benefit Transfer (DBT) via the Public Financial Management System, enhancing transparency and efficiency across 1,206 schemes with transactions worth Rs. 2.23 lakh crore. The department has also strengthened state finances by increasing borrowing capacities and offering performance-linked incentives. Public procurement reforms, including revised financial thresholds and a new Procurement Manual, aim to enhance transparency and ease of business. Additionally, the Unified Pension Scheme for government employees and disaster management initiatives underscore the department's commitment to welfare and resilience.