- 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.