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
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