Expenditure under Centrally Sponsored Schemes up by 72.1% till FY22

11 states, UTs spent more than allocated share in FY21; but in FY23, Centre expects to save Rs 80,000 cr

Although the government has been overshooting its Budget targets for Centrally Sponsored Schemes (CSS) over the last two financial years, it may end up saving Rs 80,000 crore this year. This is because of underutilisation of funds and tardy spending by states, according to media reports.

Over the last six financial years, the Budget allocation under CSS has increased by 90.9 per cent – from Rs 2.31 lakh crore in FY17 to Rs 4.4 lakh crore in FY23.

The finance ministry is expected to begin its estimations on the Revised Budget for the current financial year this month.

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