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In this regard, it was decided to do away with the present system of fund allocation in the form of SADA and SIDF. The projects, schemes of the emphasised priority sectors shall be identified well in advance and the same shall be incorporated in the Budget document. This is to ensure an accelerated rate of inclusive growth and development in our State, the cabinet observed.
Accordingly, all developmental projects/schemes/programmes shall be reflected in the budget document, which shall be implemented without fail by the implementing departments during the Financial Year. The performance of the Department shall be assessed on this yardstick.
The Finance Department shall also be accordingly revamped so as to ensure that a robust mechanism of checks are put in place to oversee all the departments and monitor strict adherence of financial norms and propriety by the departments. Prompt decision from the Finance Department shall be ensured in this regard.
The Cabinet further decided to the following points for all round and inclusive development of the state: –