Ministry of Planning has banned the reappropriation of funds for unbudgeted projects sans its prior approval and asked Ministries/ Divisions to place demand of rupee cover against foreign aid to the extent of expenditure incurred during CFY.
These instructions, duly approved by the Deputy Chairman Planning Commission, have been passed on to all the Ministries/ Divisions for strict compliance. On November 9, 2023, M/o PD&SI issued an Office Memorandum (OM).
In another OM, Chief Public Investment Program (RIP), Section, Irfan Khan stated that Financial Management and Powers of PAOs Regulations, 2021 were issued by Finance Division in March 2021 wherein, inter-alia, powers for reappropriation of budgeted funds from one development scheme to another, (duly approved by the competent forum and included in the demand(s) for grant) have been delegated to Secretary/PAO of the Division concerned, while observing all general instructions/ restrictions before re-appropriating the funds.
