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Prof Vibhuti Patel How Inclusive is the Eleventh Five

Prof Vibhuti Patel How Inclusive is the Eleventh Five 2026

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The document outlines the importance of financial discipline in executing development projects, emphasizing that expenditures should not exceed the approved cost by more than 15% without revising the scheme. It instructs executing agencies to prepare revised schemes promptly when costs are projected to rise and clarifies that any further increases beyond a revised cost also require approval from the Executive Committee of the National Economic Council (ECNEC). The communication aims to ensure adherence to financial regulations and proper oversight in project management.

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