05.03.19 Chhattisgarh (CGPCS) Current Affairs

CHHATTISGARH

  • World Bank, Chhattisgarh State and GoI signed to support the States reforms

 

  • The Government of India, the State Government of Chhattisgarh and the World Banksigned a $25.2 Million Loan Agreement to support the State’s Reforms in Expenditure Management under Chhattisgarh Public Financial Management and Accountability Program.
  • Chhattisgarh Public Financial Management and Accountability Program:

    ♦ The reforms encompass Expenditure Planning, Investment Management, Budget Execution, Public Procurement, and Accountability

    ♦ The programme will help the state of Chhattisgarh to strengthen its Direct Benefit Transfer (DBT) and Tax Administration Systems

    ♦ The World Bank will also facilitate cross-learning fromPublic Financial Management (PFM) Reforms undertaken by it in the other Indian States while bringing in global experiences

    ♦ The programme which focuses on IT solutions will benefit almost 11,000 Village Panchayats and 168 Urban Municipalities in the State.

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