Clarification on Cash Management Guidelines – Ministry of Finance Order F.No.12(13)-B(W&M)/2020 dated 17.02.2021 F.No.12(13)-B(W&M)/2020 Ministry of Finance Department of Economic Affairs (Budget Division)

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Clarification on Cash Management Guidelines – Ministry of Finance Order F.No.12(13)-B(W&M)/2020 dated 17.02.2021 F.No.12(13)-B(W&M)/2020 Ministry of Finance Department of Economic Affairs (Budget Division)

February 20, 2021, 7:44 AM

New Delhi,

17th February, 2021.

OFFICE MEMORANDUM

Subject: Clarification on Cash Management Guidelines – regarding.

Clarifications have been sought regarding expenditure ceiling during last quarter and last month of 2020-21. It is clarified that the reference to this Ministry’s O.M. No.F.15(39)-B(R)/2016 dated 21.8 .2017 in this Ministry’s O.M. No.2(17)-B(P&A)/2020 dated 4.1.2021 that communicated expenditure ceilings, is limited to regulating the large releases. Ministries/Departments during the last quarter/month of the current financial year under Cash Management Guidelines have to abide by the instructions contained in the said O.M. dated 21.8.2017 while making large releases.

2. It is, further, clarified that in respect of overall expenditure ceilings, the Cash Management Guidelines for the remaining part of FY 2020- 2021 issued by this Ministry vide O.M. No.2(17)-B(P&A)/2020 dated 29.10.2020 (copy enclosed) will be applicable. In other words, it is to state that QEP for the remaining part of the current fiscal may be considered as relaxed to the extent of expenditure ceiling finalized for RE 2020-2021.

(Rajat Kumar Mishra)

Additional Secretary (Budget)

Financial Advisors of all Ministries/Departments

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