Published on 7/12/2017 10:48:58 AM | Source: Dion Global Solutions Ltd

Finance Minister agrees on release of welfare schemes funds on priority

Posted in Economy News| #Economy #Finance Minister #Arun Jaitley

In the fourth pre budget consultation meeting for Union Budget 2018-19 with the stakeholders across social sector organizations, the Finance Minister agreed with their demand that administrative ministries should release welfare schemes funds on priority to beneficiaries. Jaitley said his government is fully committed in ensuring cost effective fund utilization of the Welfare Schemes spanning the various Social Sector Ministries.

The Finance Minister also welcomed the suggestions of the representatives desiring greater allocation of funds for Child protection schemes; Nutrition security concerns; more targeted benchmarks to improve quality of Government funded schools; healthcare for the elderly and incentives to ensure better employment conditions for working mothers; streamlining the vocational training to boost employment; aid paperless, presence less and cashless dealings with employers to ensure transparency for employees and address needs of labour in the Informal Sector.