Finance Ministry caps outlay for schemes pending 16th Finance Commission approval
Published on: April 30, 2026, 12:33 a.m. | Source: The Economic Times
The move was initiated after many ministries were not able to complete the mandatory appraisal of schemes by the March 31 deadline. The Centre has allowed such schemes to continue on an interim basis till September 30, or until fresh approval is obtained as part of an interim funding arrangement.
