Financial limits of departments and ministers revised

Q.  GoI has approved a revision on 28th June 2016 revising financial limits of which bodies?
- Published on 01 Jul 16

a. Ministeries
b. Department
c. Ministries and Sector
d. Both a and b

ANSWER: Both a and b
 
Union Government on 28th June 2016 revised the financial limits of departments and ministers for appraisal and approval of Non-Plan Schemes or Projects by competent authorities.
  • With this, appraisal and approval process in the Central Government Ministries and Departments will be expedited.
  • As per the revised delegation, the Committee on Non-Plan Expenditure (CNE) will now appraise proposals involving expenditure of 300 crore rupees and above. The earlier limit for this was 75 crore rupees.

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