Expenditure Management Commission

(TO BE PUBLISHED IN THE GAZETTE OF INDIA

EXTRAORDINARY, PART I, SECTION I)

Government of India (Bharat Sarkar).

Ministry of Finance (Vitta Mantralaya)

Department of Expenditure (Vyaya Vibhag)

                            *****

New Delhi, the 4th September, 2014.

RESOLUTION

No. 7(2)/E. Coord/2014. - The Government has decided to constitute an

Expenditure Management Commission comprising of the following:-

Chairman (Part Time) Dr. Bimal Jalan,

Eminent Economist/

Public Policy Expert

Member (Full Time)

Shri Sumit Bose

Former Union Finance Secretary

Member (Part Time) Dr. Subir Gokam

Economist/Public Finance Expert

Ex-Officio Member

Additional Secretary (Expenditure)

Member-Secretary

(Full time)

(To be notified separately)

Chairman, Expenditure Management Commission will have the status of

Union Cabinet Minister.

2. The Terms of Reference of the Expenditure Management

Commission will be as follows:-

i.. Review the major areas of Central Government

expenditure, and to suggest ways. of creating fiscal space

required to meet developmental expenditure needs, without

compromising the commitment to fiscal discipline;

ii. Review the institutional arrangement, including budgeting

process and FRBM rules, for enforcing aggregate fiscal

discipline and suggest improvements therein;

in. Suggest measures to improve allocative efficiencies in the

existing expenditure classification system, including focus

on capital expenditure;

iv. Design a framework to improve operational efficiency of

expenditures through focus on utilization, targets and

outcomes;

v. Suggest an effective strategy for meeting reasonable

proportion of expenditure on services through user charges;

vi. Suggest measures to achieve reduction in financial costs

through better Cash Management System;

VIL Suggest greater use of IT tools for expenditure

management;

vin. Suggest improved financial reporting systems in terms of

accounting, budgeting, etc., and;

IX. Consider any other relevant issue concerning Public

Expenditure Management in Central Government and make

suitable recommendations.

3. The Commission will devise its own procedures and may appoint

such Advisors, Institutional Consultants and Experts, as necessary, for any

particular purpose. It may call for such information and take such evidence

as it may consider necessary. Ministries and Departments of the

Government of India will furnish such information and documents and

render such assistance as may be required by the Commission. The

Government of India trusts the State Governments and others concerned

will extend to the Commission full cooperation and assistance.

4. The Commission will have its Headquarters in Delhi.

5. The Commission will submit its interim report before the Budget

of2015-16 and its final report before the Budget of 2016-l 7.

(Ratan P. Watal)

Secretary to the Government of India

ORDER

Ordered that the Resolution be published in the Gazette of India

(Extraordinary Part-I Section-I).

Ordered also that a copy of the Resolution be communicated to

the Ministries I Departments of the Government of India, State

Governments I Administrations of Union Territories and all others

concerned.

(Ratan P Watal)

Secretary to the Government of India