30th Review Meeting of Finance Controllers. New DELHI 4 th to 5 th AUGUST, /4/20111 DR ANAMIKA MEHTA, CONSULTANT MONITORING

NEW DEVELOMENTS : STRENGTHENING OF FINANCIAL MONITORING Funds has increased manifold --- Extent and Magnitude of expenditure has also increased. RTE – SSA has recently revised norms. GOI share has to be reported as Grant In-Aid, Grant In Aid Capital for SC/ST (Add. Secy also stressed so that fund releases are necessary so that these components are covered State Share th Finance Commission Award 8/4/20112

ROBUST FINANCIAL MONITORING ---- SSA RTE Funds are released in a decentralised manner Long experience educational programmes like DPEP, Lok Jhumbish, and SSA Experienced Accounts staff External audit and review integral part of programme Social Audit part of SSA framework 8/4/20113

Provisioning of Account staff at block JRM observations / world wide experience Automation prevalent in the system like WEB Portal, e-transfers etc and VC FM action Plan and Expenditure plan IPAI Reports 8/4/20114 Levels of monitoring required to be strengthened National level State level District level BRC/CRC level Social Audit

Strengths Dissemination of FM Action Plan and monthly Expenditure Plan to districts Encouraging districts for self monitoring against the plans. Rigorous follow up on monthly expenditure plan at each level 8/4/20115

0 Achievement reported Based on the Targets of the current year based on PAB approvals 0 The states Submit MMR to MHRD by 7th of following month 0 Analysis of the reports at national level 0 Discussions are held pertaining to reports in the Quarterly Finance Controllers Meeting Important features of MMR 8/4/20116

MMR Received in a Quarter Contd… 8/4/20117

State NamesMMR Received for two Months Karnataka, Meghalaya and Tripura AprilMayJune √√X GoaX√√ Madhya Pradesh√X√ Contd… 8/4/20118

State NamesMMR Received only for one Month Arunachal Pradesh, Daman & Diu, Punjab and Rajasthan AprilMayJune √XX Assam and Uttrakhand X√X Chandigarh, Gujarat, Himachal Pradesh, Kerala, Orissa and Sikkim XX√ Contd… 8/4/20119

State’s Name who have sent no MMR Bihar, Chhasttisgarh, Dadar & Nagar Haveli, Jammu & Kashmir, Jharkhand, Manipur, Mizoram, Nagaland, Tamil Nadu and Uttar Pradesh AprilMayJune XXX 8/4/201110

MMR received in a new format State’s Name who have sent MMR in a New Format (1) Andhra Pradesh (2) Chandigarh (3) Delhi (4) Gujarat (5) Himachal Pradesh (6) Kerala (7) Lakshadweep (8) Meghalaya (9) Puducherry (10) Sikkim (11) Tripura (12) West Bengal 8/4/201111

Expenditure Upto June, 2011 S.No.State Achievement during the Month ending June, 2011 Cumulative Expenditure June, Andaman & Nicobar Andhra Pradesh Arunachal Pradesh 0 4Assam Bihar 0 6Chandigarh Chhattisgarh 0 8 Dadar & Nagar Haveli 0 9Daman & Diu Delhi Goa /4/201112

S.No.State Achievement during the Month ending June, 2011 Cumulative Expenditure June, Gujarat Haryana Himachal Pradesh Jammu & Kashmir 0 16Jharkhand 0 17Karnataka Kerala Lakshadweep Madhya Pradesh Maharashtra Manipur 0 23Meghalaya /4/201113

S.No.State Achievement during the Month ending June, 2011 Cumulative Expenditure June, Mizoram Nagaland 0 26Orissa Puducherry Punjab Rajasthan Sikkim Tamil Nadu Tripura Uttar Pradesh 0 34Utrakhand West Bengal Total /4/201114

Tracking of Fund Flow – through MMRs Regular submission by the States. MMR should as much possible correspond with the monthly expenditure plan. Should be in the prescribed format and to be submitted to Divisional Head and under Secretary and TSG. Figures should match with other reports and QPR sent to MHRD. 8/4/201115

8/4/ Monitoring of Fund Flow Every Month  Expenditure should not be back loaded in the last quarter.  Analysis of funds released in the 1 st two quarters.  In the first quarters the expenditure should be for school related account such as school grant, teacher grant, maintenance grants, uniforms  Analysis would be indicative of low achievement of key interventions.  States need to analyze the expenditure pattern every month.

8/4/201117