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Central Government News

Cash Management System in Central Government – Guidelines for expenditure control in Q3 (October, 2020 to December, 2020)

  LATEST CENTRAL GOVERNMENTR EMPLOYEES NEWS F.No. 12(13)- B(W&M)/2020 Ministry of Finance Department of Economic Affairs ( Budget Division ) New Delhi, 28th September, 2020. OFFICE MEMORANDUM Subject: Cash Management System in Central Government – Guidelines for expenditure control in Q3 (October, 2020 to December, 2020). Attention of Ministries/ Departments is drawn to this Ministry’s O.Ms. of even number dated 8.4.2020 and 23.6.2020 regarding modified exchequer control based expenditure management under Cash Management system in Central Government. 2. With a view to manage the cash flows of the Government, it has been decided to retain and continue with the same expenditure management measures, stipulated for Q1 and Q2, for Q3 (October, 2020 to December, 2020) of FY 2020-21. 3. However, during Quarter 3, Demand No.6 – Department of Fertilizers, Demand No.19 – Defence Services (Revenue) and Demand No.20 -Capital Outlay on Defence Services ar...