Now, all the government departments will have to take the approval for finance from the finance department before making any prominent announcement. The finance department has added this new norm to maintain a balance of finances. The department says that, any provision which is not mentioned in the budget will not be allowed by the department.

The principal secretary of finance, P S Mehra warnedin a notice that, no monetary aid will be given for the words announced which are not sanctioned by the department.

The rolled out letter says, “In addition to the provisions of income-expenditure, announcements that will incur expenses need to have mandatory approval from finance department”.

It also said, “So that finances can be arranged for it”. This important step has been taken to detect the unnecessary expenditures and to maintain a healthy account of fiscal discipline. With announcing, the schemes which are included in the budget only will not only keep the finances in check but will also ensure the better execution of existing schemes.

As the officials highlighted, the departments were not fabricating any needful schemes while anticipating the future needs while making the budget. This leads to unilateral decisions taken which put a big burden on the money of the government.

Although the recent budget announcements have kept all covering, still the departments keep on announcing schemes as per their convenience on the name of progress. To break this trail of constant financial burdens, the finance department took this bold step.
Although, this may annoy many delegated departments and sections, but with this, it will also regulate the money matters.

From an another point of view, it will also take care of the new schemes which hold more potential then hundred others. It’s better to announce something result-oriented. This way, the finance department is striving to foster a balance in the system.