Govt may ease Q4 spending limits

Move to help depts, ministries speed up capex; current norms cap Q4 spending at 33% of Budget

- Ruchika Chitravanshi

The Centre may relax cash management guidelines for the last quarter (January-March) of FY25 to allow lagging departments and ministries to utilise their allocated capital expenditure (capex) for the financial year.

Currently, the guidelines stipulate ministries to not exceed 33 per cent of their Budget Estimates for the March quarter and 15 per cent of the last month of a financial year. Currently, the guidelines require ministries to limit their expenditures to no more than 33 per cent of their Budget estimates for the March quarter and 15 per cent for the last month of the financial year.