FM Sitharaman Says Government Releases Funds Through Transparent Process

FM Sitharaman Says Government Releases Funds Through Transparent Process
Source: www.moneycontrol.com

Govt doesn’t blindly release more funds; we follow a transparent process: FM Sitharaman

Finance Minister Nirmala Sitharaman has clarified that the central government does not release additional funds to states or departments without proper evaluation. She stressed that every financial allocation follows a clear, rule-based and transparent process. Addressing concerns about fund distribution, the minister explained that approvals are granted only after reviewing proposals, compliance requirements and budget provisions. The Centre, she said, ensures that spending decisions are guided by accountability and financial discipline rather than political considerations. Sitharaman highlighted that established mechanisms are in place to assess demands for extra funds, and these procedures are consistently followed. She also underlined the government’s commitment to responsible fiscal management while supporting development needs. According to her, the aim is to maintain fairness and transparency in public expenditure, ensuring that taxpayers’ money is utilized efficiently and in accordance with approved norms.

The Key points

  • FM Sitharaman denied arbitrary release of additional funds.
  • Fund allocation follows a structured, transparent process.
  • Proposals are examined before financial approvals.
  • Budget rules and compliance checks are mandatory.
  • Decisions are based on fiscal discipline principles.
  • Political bias does not influence fund distribution.
  • Established mechanisms guide extra fund approvals.
  • Accountability remains central to public spending.
  • Government prioritizes efficient use of taxpayer money.
  • Transparency and fairness drive financial decisions.
Read full Story »

Disclaimer: This preview includes title, image, and description automatically sourced from the original website (www.moneycontrol.com) using publicly available metadata / OG tags. All rights, including copyright and content ownership, remain with the original publisher. If you are the content owner and wish to request removal, please contact us from your official email to no_reply@newspaperhunt.com.