Keeping in mind the fiscal pressure arising due to Coronavirus Crisis, the government has decided not to launch any new government schemes and banned till 31 March 2021. Finance Minister has told all the ministries and departments that the resources we have need to be spent carefully.
The Finance Minister said that funds will definitely be released for the Prime Minister’s Poor Welfare Package, Self-Reliant India Package, and any other special packages. This memorandum issued by the Department of Expenditure, which comes under the Ministry of Finance.
As per the memorandum, the schemes will be suspended even they got approved for this financial year. This order will also be applicable to schemes for which the fund has been approved.
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