https://www.taxtmi.com/news?id=42124 The Department reported near complete absorption of central allocations for water resources schemes in FY25, distinguishing Centrally Sponsored Schemes (Centre funded with state participation) from Central Sector Schemes (fully Centre funded). It attributes improved utilisation to streamlined release mechanisms, higher releases to states and nodal agencies, and reduced SNA and CNA balances indicating faster on ground deployment, while noting possible minor data discrepancies from bank and treasury reporting delays. en-us Sun, 27 Apr 2025 15:31:03 +0530 Sun, 27 Apr 2025 15:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=42124 The Department reported near complete absorption of central allocations for water resources schemes in FY25, distinguishing Centrally Sponsored Schemes (Centre funded with state participation) from Central Sector Schemes (fully Centre funded). It attributes improved utilisation to streamlined release mechanisms, higher releases to states and nodal agencies, and reduced SNA and CNA balances indicating faster on ground deployment, while noting possible minor data discrepancies from bank and treasury reporting delays. News - Sun, 27 Apr 2025 15:31:03 +0530 https://www.taxtmi.com/news?id=42124