Underutilization Of Funds

Context: The Standing Committee on Cooperation flagged significant underutilization of funds by the Ministry of Cooperation during FY 2023–24 and 2024–25. About Underutilization of Funds: What is Underutilization? Underutilization refers to spending less than the allocated budget, indicating delays or inefficiencies in scheme execution or fund release. Key Data Points: 2023–24: Budget Estimate (BE) was …