Efficient Transfer of Funds for Centrally-Sponsored Schemes

Efficient Transfer of Funds for Centrally-Sponsored Schemes

The ongoing dispute between the union and state governments and among the states themselves regarding funds for centrally-sponsored schemes has severely affected the adoption of sound accounting and monitoring practices. It is essential to restore them in an amicable and acceptable manner. This arti...

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Bibliographic Details
Published in:Economic and political weekly Vol. 42; no. 23; pp. 2159 - 2163
Main Authors: Ashutosh Dikshit, Renuka Viswanathan, T. R. Raghunandan
Format: Journal Article
Language:English
Published: Sameeksha Trust 09-06-2007
Subjects:
Accountancy
Bank accounts
Bank credit
Bank loans
Finance
Financial audits
Government budgets
Insight
Public administration
State finance
State government
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Summary:The ongoing dispute between the union and state governments and among the states themselves regarding funds for centrally-sponsored schemes has severely affected the adoption of sound accounting and monitoring practices. It is essential to restore them in an amicable and acceptable manner. This article examines various issues concerning the accounting mechanism and attempts to develop a comprehensive systemic solution to the problems.
ISSN:0012-9976
2349-8846