<span style="color: #222222;">With an aim for generating employment in the state and bringing back the economy on the track, Maharashtra Government has given a green signal to distribute 75 percent of the budgetary fund for the capital expenditure to the department which are at the forefront in generating wealth and employment.<br />''&nbsp;</span><br />'' <span style="color: #222222;">This fund had been sanction for the year 2020-21 under the head of accounts.<br />''&nbsp;</span><br />'' <span style="color: #222222;">In a release, government said similarly the approval for distributing 100 percent amount for the local development funds of MLA and MLC's and District Annual Scheme (General/ SC/ST/ programs) was also accorded.</span><br />'' <span style="color: #222222;">&nbsp;<br />''A detail discussion was held in the meeting of Chief Minister, Deputy Chief Minister and the cabinet for measures giving boost to economic situation of the state.</span><br />'' <span style="color: #222222;">&nbsp;<br />''The release said due to the lockdown followed by Covid-19 pandemic, the revenue as per the estimates of 2020-21 budget cannot be gathered so the funds for capital expenditure is been disbursed keeping in mind the present scenario and the revenue gathered every month only for the most essential commitments.&nbsp;</span><br />
News On AIR | November 11, 2020 8:28 AM
Maharashtra Govt to distribute 75% of budgetary fund for capital expenditure