Chhattisgarh Gets ₹250 Cr Incentive for Financial Reforms

Chhattisgarh Receives ₹250 Crore Incentive from Central Government

Central Government Praises Chhattisgarh’s Financial Management Reforms

Raipur >> Under the leadership of Chief Minister Vishnu Dev Sai, the Chhattisgarh government has achieved a significant milestone by implementing an IT-based financial management system to enhance transparency and efficiency in administrative operations. Recognizing this digital reform, the Central Government has granted ₹250 crore as an incentive for capital expenditure (CAPEX).

Chhattisgarh has adopted the “Just In Time” (JIT) model and SNA Sparsh system for financial management of centrally sponsored schemes. This system streamlines fund distribution, tracking, and payments, integrating central funds through the RBI’s e-Kuber network and state funds via the Financial Management and Information System (FMIS). This initiative ensures timely utilization of funds and real-time expenditure reporting.

The reform includes a smart payment algorithm that facilitates real-time payments based on trigger rules, improving outcomes under the Public Financial Management System (PFMS). Additionally, digital platforms and portals have been developed to provide citizens with faster and more transparent access to government schemes.

Chief Minister Shri Sai emphasized that technology-driven reforms and good governance are key to Chhattisgarh’s economic growth. He stated that this achievement reflects the government’s commitment to efficient governance and will serve as an inspiration for other states.

The reforms also strengthen the Digital India initiative and Direct Benefit Transfer (DBT). With the Central Government’s support, Chhattisgarh is advancing infrastructure projects and improving its ecosystem with the granted funds. Another ₹250 crore incentive is expected for further infrastructure development.

This initiative showcases Chhattisgarh’s dedication to enhancing public financial management and boosting the state’s economic progress through innovative, technology-based reforms.

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