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Study on MPLAD Scheme

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..... Study on MPLAD Scheme - News and Press Release Dated:- 11-2-2014 - News - The Minister of State (Independent Charge) for Statistics and Programme Implementation Shri Srikant Kumar Jena has said that third party physical monitoring of the Members of Parliament Local Area Development Scheme (MPLADS) has been undertaken since 2007-08. The NABARD Consultancy Services (NABCONS) monitored 208 district .....

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..... s in the period 2007-08 to 2010-11. In a written reply in the Lok Sabha today Shri Jena said, the Agricultural Finance Corporation (AFC) Ltd. monitored 100 districts in the year 2012-13. In addition, the Comptroller and Auditor General undertook Performance Audit of MPLADS in 128 districts in 2010-11. The cumulative position of funds allocated, spent and unspent under the MPLADS for the 15th Lok .....

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..... Sabha MPs during the last three years and the current year is as under:- Rs. in crore As on MPLADS funds released Amount available with Interest Expenditure incurred Unspent balance 31.03.2011 1813.32 1828.39 773.99 1054.40 31.03.2012 3564.00 3653.93 1893.21 1760.72 31.03.2013 .....

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..... 6182.00 6400.45 4099.03 2301.42 05.02.2014 8578.50 8904.88 6758.54 2146.34 The Minister said, under the MPLADS, incurring of expenditure and concomitant release of funds take place continuously throughout the year. Funds are released on individual case-to-case basis on meeting the eligibility criteria as specified in the Guidelines .....

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..... . Funds are released to different Lok Sabha MPs and Rajya Sabha MPs at different points of time. Funds under the MPLADS are non-lapsable, both at the end of the Union Government and at the end of the District Authority. Time-limits are stipulated in the Guidelines for sanction and completion of works. In view of the nature and dynamics of the scheme, the unspent balances, which also include intere .....

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..... st accrued, are bound to exist at any given point of time. The funds being non-lapsable, the unspent balances are utilized in the subsequent year (s). - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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