NAC doubts success of UPA flagship projects

NAC has recommended a “reformed fund flow system” to enable real time transfer of funds.

Written by Ruhi Tewari | New Delhi | Published:September 19, 2013 1:33 am

At a time when the UPA government is gearing up for the polls,the National Advisory Council,led by Sonia Gandhi,has punched a hole in its claims that its flagship social welfare programmes have been a success.

The current system of fund flow for these schemes leads to “inefficiencies and delays” as well as uncertainty of funds reaching beneficiaries,the NAC has said,and recommended a “reformed fund flow system” to enable real time transfer of funds.

In its recommendations on “reforming fund flow systems for flagship programmes”,which were sent to the government last Friday,the NAC has suggested quicker and timely release of funds “as per real requirement”.

The council has suggested that transfer of funds after the first tranche should be executed “voucher for voucher on a real time basis as and when the voucher is uploaded online and all fund release criteria are met” as against the current practice of releasing funds quarterly or half-yearly based on utilisation certificates.

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