{"id":25773,"date":"2020-07-28T06:34:32","date_gmt":"2020-07-28T06:34:32","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=25773"},"modified":"2020-07-28T06:34:34","modified_gmt":"2020-07-28T06:34:34","slug":"financial-management-index-for-rural-development","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/financial-management-index-for-rural-development\/","title":{"rendered":"Financial Management Index for Rural Development"},"content":{"rendered":"\n<p>The Rural Development Ministry will soon rank states on efficient management of financial resources allocated for implementing half a dozen rural development schemes. The department has developed a financial management index that will map the performance of states and rank them on the basis of five parameters.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.gkseries.com\/blog\/current-affairs-quiz-2019-daily-gk\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Daily Current Affairs Quiz 2020<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key-Points<\/strong><\/h2>\n\n\n\n<p>These include preparation of annual plan, expeditious release of due state share, timely utilization of the funds and submission of the utilization certificates; optimum implementation of public financial management system (PFMS); optimum implementation of DBT module for the rural employment guarantee scheme, internal audit and the social audit.<\/p>\n\n\n\n<p>The budgetary allocation for 2020-21 for the rural development ministry is Rs 1.2 lakh crore with the Mahatma Gandhi National Rural Employment Guarantee Scheme, taking the bulk of it at Rs 61,500 crore.<\/p>\n\n\n\n<p>However, the allocation to the scheme has later been extended by Rs 40,000 crore during the Covid-19 pandemic to create livelihood opportunities for millions of migrant workers who lost their jobs during the pandemic.<\/p>\n\n\n\n<p>The performance of the States on the parameters of the Index would also promote the spirit of competitive, cooperative federalism amongst States.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Rural Development Ministry will soon rank states on efficient management of financial resources allocated for implementing half a dozen rural development schemes. The department has developed a financial management index that will map the performance of states and rank them on the basis of five parameters. Daily Current Affairs Quiz 2020 Key-Points These include [&hellip;]<\/p>\n","protected":false},"author":404,"featured_media":25774,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1175],"tags":[886],"class_list":["post-25773","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-july-2020","tag-index-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/25773","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/404"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=25773"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/25773\/revisions"}],"predecessor-version":[{"id":25775,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/25773\/revisions\/25775"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/25774"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=25773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=25773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=25773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}