more-inThe Plan expenditure, including the bills furnished for treasury payment till Wednesday evening, has been pegged at 88%. Departments and local self-government institutions could submit bills for footing their actual expenditure till 5 p.m. on March 31. No curbs had been imposed on spending funds from the general purpose fund of local self-government institutions. Compared to the previous years, the quality of Plan fund expenditure had improved. Budget procedures have been completed and the Plan projects have been approved.
Source: The Hindu March 29, 2018 13:19 UTC