The brain-storming session, called ‘Chintan Shivir‘, was chaired by cabinet secretary Rajiv Gauba. It saw deliberations on the capital expenditure from the Budget and such spending by various central public sector enterprises (CPSEs), with focus on their internal and extra-budgetary resources. Several large schemes, announced in the Budget for FY24, were also discussed.
“The objective of the Chintan Shivir was to share insights and learnings on successful implementation of projects and schemes, discuss challenges and help ministries draw up a roadmap for timely and effective delivery on-ground,” the ministry tweeted.
The brain-storming session comes at a time when the government has sought to improve the quality of budgetary spending by enhancing focus on capital expenditure.
The Centre’s budgetary capex more than doubled to ₹7.36 lakh crore in FY23 from pre-Covid (FY20) levels, as it bets big on the high multiplier effect of such expenditure.