New Delhi: The Union government has made it clear that it won’t provide more funds to its ministries and departments than allocated in this fiscal. The government said the ministries and departments will have to either save funds or use funds from last financial year to meet their expenditure.

After the review report expenses in the first quarter of 2011-12 financial year was tabled on Tuesday in the Lok Sabha, the Centre wants to avoid over spending.

The Finance Ministry has cleared that no additional funds will be provided to any department and they will have to go with funds allocated to them.

The Ministry had directed all departments to curtail their expenditures in the starting of the current fiscal.

The government has accepted the fact that the expenditure might escalate for which the Finance Ministry has given its nod to use funds left from last fiscal.

The government said the direct tax collections in the first quarter of this fiscal has gone down by 17.2 percent as compared to the corresponding time of the last financial year.

In this year’s budget, Finance Minister Pranab Mukherjee has pegged total estimated expenditure at Rs 12, 57, 729 crore, including planned and non-planned expenditures.

JPN/Bureau