India : Note on Public Financial Management and Accountability in Centrally Sponsored Schemes

The budget outlay for Centrally Sponsored Schemes (CSS) for India in 2005-06 is significantly higher as compared to the previous year's level of Rs.395,000 million. This includes increased allocations for rural roads, rural employment, and education and nutritional support for pre-school children. At present there are over 200 such schemes in operation, of which a dozen accounts for more than two-thirds of the outlay. Given the states limited scope to significantly raise internal resources within the existing fiscal framework, coupled with a high wage bill that crowds out development expenditure, the CSS are likely to remain an important source for development funds for the states. The objective of CSS is to address issues of national priority with focus on human development, poverty alleviation and rural backwardness. The findings and the suggestions to improve financial accountability systems in CSS needs to be viewed in the light of varying quality of governance across the states and the fiscal stress faced by certain states.

Bibliographic Details

Main Author:	World Bank
Language:	English en_US
Published:	Washington, DC 2006-05-16
Subjects:	ACCESS TO INFORMATION, ACCOUNTABILITY, ACCOUNTABILITY ARRANGEMENTS, ACCOUNTABILITY FRAMEWORK, ACCOUNTING, ACCOUNTING FRAMEWORK, ACCOUNTING MANUALS, ACCOUNTING POLICIES, ACCOUNTING RECORDS, ACCOUNTING STANDARDS, ADMINISTRATIVE ORDERS, ALLOCATION, ANNUAL BUDGET, ANNUAL BUDGET PROCESS, ANNUAL FINANCIAL STATEMENTS, ANNUAL REPORT, ANNUAL REPORTS, APPROPRIATIONS, AUDIT COMMITTEES, AUDITING, AUDITOR GENERAL, AUDITORS, AUDITS, BANK ACCOUNTS, BENEFICIARIES, BUDGET ALLOCATION, BUDGET ESTIMATES, BUDGET TRANSFERS, BUDGETARY DISCIPLINE, BUDGETING PROCESS, CAPACITY BUILDING, CASH BALANCES, CASH BASIS, CERTIFICATE, CERTIFICATES, COMMODITY, COMMUNICATION TECHNOLOGY, COMMUNITY ACCESS, CSS, DATA ENTRY, DAY- TO- DAY MANAGEMENT, DECENTRALIZATION, DEPOSITS, DEVELOPMENT PROJECTS, DEVOLUTION, DISCLOSURE REQUIREMENTS, DOMAIN, ECONOMICS, EMPLOYMENT, ENABLING ENVIRONMENT, EQUIPMENT, EXPENDITURE, EXPENDITURE CONTROL, EXPENDITURE LEVELS, EXPENDITURES, EXTENSION, EXTERNAL AUDIT, FIDUCIARY RISK, FINANCE STAFF, FINANCIAL ACCOUNTABILITY, FINANCIAL ACCOUNTABILITY SYSTEMS, FINANCIAL INSTITUTIONS, FINANCIAL MANAGEMENT ARRANGEMENTS, FINANCIAL MANAGEMENTS, FINANCIAL REPORTS, FINANCIAL STATEMENTS, FINANCIAL STATUS, FINANCIAL TRANSFERS, FINANCIAL YEARS, FINANCING ARRANGEMENTS, FISCAL FRAMEWORK, FUNDS FLOW, GOVERNMENT ACCOUNTING, GPS, HEALTH SECTOR, HOUSING, IMPLEMENTATION PERIOD, IMPLEMENTING AGENCIES, INCORPORATION, INFORMATION TECHNOLOGY, INSPECTIONS, INSTITUTION, INSTITUTIONAL FRAMEWORK, INSTITUTIONAL FRAMEWORKS, INTERNAL AUDIT, INTERNAL AUDIT FUNCTION, INTERNAL CONTROL, INTERNAL CONTROLS, LAWS, LEGAL ENTITIES, LEGAL ENTITY, LEGISLATION, LIMITED, MANAGEMENT ACCOUNTING, MANAGEMENT CONTROL, MANAGEMENT INFORMATION SYSTEMS, MANAGEMENT RESPONSIBILITIES, MANAGEMENT REVIEWS, MANAGEMENT SERVICES, MATERIAL, MERGER, NATIONAL PRIORITY, NEW TECHNOLOGIES, OUTCOME INDICATORS, PARTNERSHIP, PC, PERFORMANCE AUDIT, PERFORMANCE REPORTING, PERFORMANCE REPORTS, PERFORMANCE REVIEW, PERSONS, PHYSICAL PROGRESS, POLICY FORMULATION, POVERTY ALLEVIATION, PRIVATE SECTOR, PROCUREMENT, PROCUREMENT PROCESS, PROGRAM DESIGN, PROGRAM IMPLEMENTATION, PROGRAM MANAGEMENT, PROGRAM MANAGERS, PROGRAM OBJECTIVES, PROGRAM STRATEGY, PROGRAMS, PROJECT MANAGEMENT, PUBLIC ACCOUNT, PUBLIC EXPENDITURE, PUBLIC EXPENDITURE REVIEW, PUBLIC EXPENDITURE TRACKING, PUBLIC FINANCIAL MANAGEMENT, PUBLIC FUNDS, PUBLIC SECTOR, RESOURCE ALLOCATION, RESULT, RESULTS, RURAL BANKS, RURAL DEVELOPMENT, SAVINGS, SENSITIVITY ANALYSIS, SOCIETIES, SOCIETY, STAKEHOLDERS, STATE BUDGET, STATE GOVERNMENT, STATE GOVERNMENTS, STATE TREASURY, SUPPORT STAFF, SUPREME AUDIT INSTITUTIONS, TARGETS, TAX EXEMPTIONS, TIGHT FISCAL POSITION, TIME FRAME, TOTAL EXPENDITURE, TRANSPARENCY, UNION, USES, VERIFICATION, WEB,
Online Access:	http://documents.worldbank.org/curated/en/2006/05/8999179/india-note-public-financial-management-accountability-centrally-sponsored-schemes https://hdl.handle.net/10986/19257
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