💨 Abstract

The Indian government has implemented a Just-in-Time project management and accounting system since 2021, leading to substantial savings, reduced idle funds, and increased transparency in central and state governments. The Single Nodal Agency (SNA) model consolidates funds for Centrally Sponsored Schemes into a single account per scheme, ensuring that funds are only disbursed when needed.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖