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Finance ministry says due to lockdown govt’s cash position may be stressed in Q1

covid-19 guidelines Government Department
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The finance ministry on Wednesday admitted that the cash position of the government may be stressed in the June quarter of FY21 due to the ongoing nationwide lockdown and put departments in three categories assigning a separate monthly and quarterly expenditure plan for each category. “The existing guidelines for expenditure control have been reviewed.

Keeping in view the present situation arising out of covid-19 and the consequential lockdown, it is expected that the cash position of government may be stressed in Q1 of 2020-21.

Considering this, it is essential to regulate the government expenditure and to fix the quarterly expenditure plan (QEP) and monthly expenditure plan (MEP) of specific ministries and departments," the Economic

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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