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Centre has perception that fund utility poor in NE, Kyndiah

By Staff
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Shillong, Feb 26 (UNI) Expressing concern over the Centre's perception that funds sanctioned and released for the NorthEastern states were poorly utilised, Union DONER and Tribal Affairs Minister P R Kyndiah has said there is need for a strong monitoring system.

Mr Kyndiah, who is the North Eastern Council Chairman, during a meeting with NEC secretary H V Lalringa, member Dr (Mrs) I.K.

Barthakur and other senior members here yesterday stressed the need for a strong monitoring system in the council to monitor its schemes so that the position and status of each one of them was correctly projected.

The meeting reviewed the progress of various schemes and projects, which were implemented during the current annual plan.

He stressed that whatever funds released for utilisation should reflect in physical outcome.

Mr Kyndiah also exhorted the need to streamline the procedure of sanctioning schemes to avoid delay - both in terms of sanctioning a project and the subsequent release of funds to the member states of NEC and other executing agencies.

The meeting also reviewed the core sectors of the plan as presented to the Chairman. It was observed that the level of release of funds against approved schemes during the current year has been almost 80 per cent. It was suggested that during the remaining month of the current financial year, the percentage of fund release should be cent per cent.

NEC secretary presented an overall position of the Annual Plan 2005-06 and the funds released to the member states during the first three years of the Tenth Financial Year and Annual Plan 2005-06.

UNI PRS TJP SHB RS1414

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