PLAN FINANCE-II DIVISION

Plan Finance-II Division is primarily concerned with matters relating to the Central Plan.  PF.II Division serves as a window within the Finance Ministry, which has an overview of the entire canvas of development activity of the Central Government, both at the project level and sectoral policy level.  In respect of development schemes and projects, the focus has been on improving the quality of development expenditure through better project formulation, emphasis on outputs, deliverables, impact assessment, projectisation (Mission approach) and convergence.

 2.          Guidelines for Formulation, Appraisal and Approval of Government funded Plan schemes/projects have been issued vide O.M No.1(2)/PF.II/03 dated 7 May 2003.  Accordingly to these guidelines, which are in force w.e.f.1 July 2003, Ministries/Departments are required to prepare Feasibility Report (FR) for obtaining 'in-principle' approval of Planning Commission and a Detailed Project Report (DPR) for appraisal of the scheme/project in respect of all Plan Schemes/Projects costing Rs.50 crore or more.

 3.          Plan Finance-II is the Secretariat for the Public Investment Board (PIB).  The PIB considers investment proposals of Central Government Ministries in regard to their Public Sector Undertakings.  Under the existing guidelines, Central Sector Projects costing Rs.200 crore and above are considered by PIB.  Secretary (Expenditure) is the Chairman of the PIB and Joint Secretary (Plan Finance-II) acts as the Secretary to the Board.  Plan Finance-II Division is also the focal point for delegation of financial powers to Expenditure Finance Committees (EFCs) and Standing Finance Committees (SFCs).  New guidelines with revision in the extant powers of delegation for appraisal and approval of Plan Schemes and Projects are on the anvil and shall be announced in the current year.

4.                         During the period 1 January, 2006 to 31 December, 2006, 49 meetings of the Expenditure Finance Committee (EFC) chaired by Secretary (Expenditure) considered Plan investment proposals/schemes of various Ministries/Departments costing Rs.47,763.45 crore.   Also, 15 meetings of Public Investment Board (PIB) were held and 27 projects with a capital outlay of Rs.28,606.20 crore were recommended for approval of competent authority.  The Ministry/Department wise position of projects considered by PIB is as below :

5.          Plan Finance-II Division conducted the Internal and Extra Budgetary Resources (I&EBR) exercise in respect of Central Public Sector Enterprises (CPSEs).  The gross I&EBR assessed for the Annual Plan 2007-08 (BE) worked out to Rs.1,65,052.76 crores (Internal Resources (IR) of Rs.95874.63 crores and Extra Budgetary Resources (EBR) of Rs.69178.13 crores).  Plan Finance-II Division also compiled projections of Internal & Extra Budgetary Resources (I&EBR) in respect of CPSEs for XIth Plan (2007-2012).  The gross I&EBR assessed for the XIth Plan worked out to Rs.1,084,621 crores.   The Internal Resource (IR) and Extra Budgetary Resource (EBR) worked out were Rs.4,93,833 crores and Rs.5,90,788 crores respectively. The Planning Commission decides the extent to which the IR/I&EBR will be utilised for funding the Plan. 

6.                   Plan Finance-II Division also deals with financial restructuring of Central PSUs on the recommendations of Bureau for Restructuring of Public Sector Enterprises (BRPSE).   Plan Finance-II Division also deals with issues relating to Food, Fertilizer and Petroleum subsidies.

Revision in EFC format to address disaster management concerns

REVISED RFQ FOR PRE-QUALIFICATION OF BIDDERS FOR PPP PROJECTS

Delegation of Powers for Appraisal and Approval of Projects / Schemes  

Guidelines for Formulation, Appraisal and Approval of Government funded plan schemes/projects

Compendium of Important Circulars on Formulation, Appraisal and Approval of plan schemes and projects

Revised format for Expenditure Finance Committee (EFC) Memorandum dated 30.06.2005

Guidelines for Formulation, Appraisal and Approval of Government funded Plan Schemes/Projects - Revised for Power and Coal Projects

Continuation of On-going Schemes from X to XI Plan:  Instructions regarding.