Separate accounts for NE states for proper fund utilisation
Aizawl, Oct 24 (UNI) With the aim to ensure proper fund utilisation in the North Eastern states, the Centre has decided to transfer the funds to specific accounts instead of directly sending it to the respective state governments.
Official sources here today informed that unlike the earlier practice of transferring funds for schemes to the NE state accounts, money from the Ministry for Development of the Northeastern Region (DoNER) and the North Eastern Council(NEC) would go to a separate account.
The idea has been mooted by the Union Finance Ministry following complaints of mismanagement of certain central funds in some NE states.
The NE states would now have a separate committee headed by the respective state chief secretaries to monitor the funds.
Quoting Finance Ministry, state officials said funds often remain untraced as states divert it to other projects.
''At a review meeting of the DoNER at the Prime Minister's Office last week, it was decided that schemes and expenditures under DoNER should be monitored and we have already been informed about it,'' sources said.
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