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SNA SPARSH
From upcoming financial year onwards, all schemes' funds must flow via single nodal agency: FM SitharamanFinance Minister Nirmala Sitharaman has instructed the Department of Expenditure to route all funding for schemes through a single nodal ag...02 Mar, 2025, 06.02 AM IST- FM Sitharaman asks civil accounts officers to make Govt's annual accounts more user-friendlyFinance Minister Nirmala Sitharaman urged civil accounts services officials to simplify annual government accounts to make them more access...01 Mar, 2025, 02.23 PM IST
- Govt's cash balance surges, banks starveThe ongoing general elections have led to a surplus in government cash balances, impacting the banking sector due to reduced spending. The ...27 May, 2024, 12.52 AM IST
- Govt's JIT plan for cash flows may trigger reset of liquidity variableIndian lenders adapt to JIT tool with SNA 'SPARSH' for timely fund releases, impacting liquidity in state schemes. RBI utilizes e-Kuber for...03 Apr, 2024, 12.29 AM IST
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