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Finance Ministry caps scheme spending until 16th Finance Commission clears the way

Economy
Published on 29 April 2026
Finance Ministry caps scheme spending until 16th Finance Commission clears the way

Schemes won’t get full funding past September 30

The Finance Ministry has capped the outlay for schemes awaiting approval from the 16th Finance Commission after several ministries failed to complete mandatory scheme appraisals by the March 31 deadline. These schemes will continue only on an interim basis until September 30 or until fresh approvals arrive under an interim funding arrangement.

  • Interim funding is allowed for pending schemes
  • Most delays traced to missed appraisal deadlines
  • Full approval now hinges on 16th Finance Commission
  • Interim support runs till September 30
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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