https://www.taxtmi.com/news?id=21262 Proposal for Performance Based Grants to states framing resource transfers on measurable indicators and sectoral outcomes, with suggested candidate indicators; recommendations to establish Innovation and Transformation Funds and adopt a Medium Term Expenditure Framework to align incentives and expenditure planning. The submission also urged inclusion of these recommendations in the Central Government memorandum to the Finance Commission and highlighted design issues including alignment of Centrally Sponsored Schemes with award periods and the balance between performance-linked and basic grants. en-us Mon, 15 Apr 2019 18:58:49 +0530 Mon, 15 Apr 2019 18:58:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21262 Proposal for Performance Based Grants to states framing resource transfers on measurable indicators and sectoral outcomes, with suggested candidate indicators; recommendations to establish Innovation and Transformation Funds and adopt a Medium Term Expenditure Framework to align incentives and expenditure planning. The submission also urged inclusion of these recommendations in the Central Government memorandum to the Finance Commission and highlighted design issues including alignment of Centrally Sponsored Schemes with award periods and the balance between performance-linked and basic grants. News - Mon, 15 Apr 2019 18:58:49 +0530 https://www.taxtmi.com/news?id=21262