Central Ministers will have to clear projects up to Rs 1,000 crore by themselves
In a move that will hasten decision-making, the Centre on Wednesday empowered Central Ministries and Departments to clear projects up to Rs 1,000 crore by themselves. Earlier, the limit was Rs 300 crore. The Government has raised the limit by amending the Transaction of Business Rules for the Cabinet Committee on Economic Affairs.
The move will help dispel the impression about centralisation of power within the Government. Prime Minister Narendra Modi critics have often alleged that the Prime Minister likes to involve himself in all decisions, thus delaying projects.
The amendment now stipulates that the Cabinet Committee on Economic Affairs (CCEA) will consider investment proposals worth more than Rs 1,000 crore, including those recommended by the Public Investment Board/Expenditure Finance Committee/Expanded Board of the Railway or any other appraisal fora/committee. The exception will be cases where separate thresholds have been laid down by the Cabinet Committee or any other competent authority.
This decision that has been taken will help in hurrying the project works. Previously this was one of the major causes of delay among the government officials.
Source: The Hindu Business Line
Cabinet Committee on Economic Affairs, Central Ministers, Central Ministries and Departments, Projects, Transaction of Business Rules
