Centre Decided to Change The Pattern of Sharing Finances

Change-The-Pattern-of-ShariHyderabad: Both state governments face a perplexing situation after the centre decided to change the pattern of sharing finances of centrally sponsored schemes. The centre will decide on the quantum of funding depending on the availability of finances with the individual departments.

Under big ticket schemes like Rashtriya Uchchatar Shiksha Abhiyan and Rashtriya Madhyamik Shiksha Abhiyan, the state governments have to submit proposals to the project Approval Board for funding.

“If we have to pay more for the same projects, why should we go to the PAB with folded hands? They should do away with the PAB system. Let us decide where to put the money”, a senior AP state Council of Higher Education official said.

“They are paying at least half the money so they will not fund everything that the state government wants to take up. Their consent will be required”, a high ranking Telangana education department official said.

Medaram Jathara

Connect with us

© 2012 - 2016 VIL Media Pvt Ltd. All rights reserved,
Contents of v6news.tv are copyright protected.Copy and/or reproduction and/or re-use of contents or any part thereof,
without consent of VIL Media is illegal.Such persons will be prosecuted.