The Planning Commission has set up a High Level Expert Committee to suggest measures for efficient management of public expenditure. <br/><br/>The Chairman, Economic Advisory Council to the Prime Minister, Dr. C. Rangarajan will chair the 18-Member Expert Committee which will suggest an action plan for abolition of the classification of expenditure into plan and non-plan. <br/><br/>Other members of the expert committee include Secretary, Planning Commission, Reserve Bank of India Deputy Governor, Secretary, department of Expenditure in the Finance ministry and Chief Economic Adviser in department of Economic Affairs. <br/><br/>The Plan document has also referred to the major changes in the implementation machinery of the Plan that have occurred in the past several years and has emphasized the need to clarify the scope of the public sector plan. <br/><br/>AIR correspondent reports the terms of Reference of the Committee will define the scope of the Public Sector Plan and the expenditures incurred there.
News On AIR | April 27, 2010 5:40 PM
Planning Commission sets up expert committee for suggesting measures of public expenditure