Latest news with #CentralSector
Hindustan Times
31-07-2025
- Business
- Hindustan Times
MPBSE urges eligible students to apply for Central Sector Scholarship by Oct 31, check details
The Board of Secondary Education, Madhya Pradesh has called on eligible candidates to apply for fresh and renewal of Central Sector Scholarship for the academic year 2025-26. The last date to apply for the Central Sector Scholarship is October 31, 2025.(Representative image) Candidates must note that the last date of online applications has been fixed as October 31, 2025. Sponsored by the Department of Higher Education, applications or the Central Sector Scheme of Scholarship for College and University students began from June 6, 2025. In an official notice, the board informed that students who have passed the Higher Secondary Examination under the Madhya Pradesh Board of Secondary Education (MPBSE), Bhopal in 2025, and have secured more than 80th percentile should fill the online application only on the National Scholarship Portal for fresh scholarship. Also read: Central Sector Scholarship for College, University Students: Application open, check eligibility, amount, other details In addition, eligible students from 2021 to 2024 can apply for the renewal scholarship. Students should apply for the scholarship only after carefully studying the guidelines available on the NSP portal. Worth mentioning here, the Ministry of Education offers scholarships to provide financial assistance to meritorious college and university students from poor families to meet a part of their daily expenses while pursuing higher studies. The total number of scholarships is divided among the state board for 18-25-year-old students after segregating the share of CBSE and ICSE students. Fifty per cent of the scholarships are earmarked for girls. The amount of scholarship is ₹12,000 per annum at the graduation level for the first three years and ₹20,000 per annum at the postgraduate level. For more details and to apply online, students may visit the official website of the NSP portal at
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Business Standard
27-04-2025
- Business
- Business Standard
Centre utilised over 98% of water resources funds in FY25, shows data
The Jal Shakti ministry has utilised nearly the entire Central allocation for water resources schemes in the last fiscal, with 98.39 per cent of funds spent by the end of March, according to an official document. The document titled 'Report on Availability and Utilisation of Scheme Funds for 2024-2025 up to March 2025' shows details of expenditure of the Department of Water Resources, River Development and Ganga Rejuvenation under both Centrally Sponsored Schemes and Central Sector schemes. Centrally Sponsored Schemes (CSS) are programmes funded mainly by the Central government but implemented by state governments, often requiring a matching contribution from the states. Central Sector schemes are fully funded and implemented by the Central government without any financial participation from the states. According to the document, against a Central budget estimate of Rs 13,431.48 crore for Centrally Sponsored Schemes, the actual expenditure stood at Rs 13,216.34 crore. In comparison, the Central Sector schemes recorded a slightly lower utilisation rate at 81.79 per cent, with Rs 5,376.73 crore spent out of the Rs 6,573.73 crore allocated. The report notes a significant increase in both fund availability and utilisation compared to the previous financial year. In FY 2023-24, only 49.45 per cent of allocation for Centrally Sponsored Schemes was utilised. Total cumulative scheme fund utilisation across all sources -- including the State Nodal Accounts (SNA), Consolidated Nodal Agencies (CNA) and direct disbursements -- stood at Rs 15,804.73 crore for Centrally Sponsored Schemes and Rs 5,376.73 crore for Central Sector schemes by the end of March 2025. Officials attribute the marked improvement in fund usage to streamlined release mechanisms and better coordination with states. Funds released to states and CNAs rose from Rs 2,902.73 crore in FY24 to Rs 4,756.48 crore in FY25. The report also noted that balances in SNA and CNA accounts reduced significantly, suggesting quicker on-ground deployment. The SNA balance for Centrally Sponsored Schemes dropped from Rs 2,404.98 crore at the start of the year to Rs 1,347.38 crore by March-end. While the increased utilisation is seen as a positive sign for projects aimed at river development and Ganga rejuvenation, the ministry cautioned that minor discrepancies in data might persist due to delays in sharing by banks and state treasuries. The report showed significant activity under Central Sector schemes as well. Of the Rs 6,573.73 crore allocated to Central Sector schemes for 2024-?25, around Rs 5,376.73 crore had been spent by March-end, translating to a utilisation rate of 81.79 per cent. While this marks a slight dip compared to Centrally Sponsored Schemes, it still reflects a considerable level of deployment. The total funds available for Centrally Sponsored Schemes in 2024-?25 -- ?including opening balances, fresh releases and state shares -- ?stood at Rs 19,984.59 crore, up from Rs 11,182.09 crore in the previous financial year. Out of this, Rs 15,804.73 crore had been utilised by March, suggesting that most states made active use of their allocations. The estimated Central share in this expenditure was Rs 13,216.34 crore. In the case of Central Sector schemes, total funds available were Rs 5,944.31 crore, with Rs 5,376.73 crore utilised by the end of the financial year. The report also highlights that the state governments released Rs 5,992.46 crore to their SNA accounts by March 2025 -- ?an increase from Rs 4,822.25 crore in the previous year. This indicates improved coordination between the Centre and the states in releasing and deploying funds. The sharp increase in actual expenditure under Centrally Sponsored Schemes -- ?from Rs 10,059.15 crore in FY24 to Rs 15,804.73 crore in FY25 -- ?also points to a ramping up of implementation. The data also showed a negative expenditure of Rs 849.06 crore under Centrally Sponsored Schemes for a certain month in FY24, which officials say might be due to reconciliations or data updates. However, by March 2025, actual spending had caught up substantially. The steady drop in balances in the State Nodal Agency accounts, from Rs 2,404.98 crore to Rs 1,347.38 crore for Centrally Sponsored Schemes and from Rs 1,293.50 crore to Rs 608.63 crore for Central Sector schemes, further supports the notion that funds were moved from the treasury to implementation on the ground more swiftly than before. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Deccan Herald
27-04-2025
- Business
- Deccan Herald
Centre utilised over 98% of water resources funds in FY25, shows official data
The document titled 'Report on Availability and Utilisation of Scheme Funds for 2024-2025 up to March 2025' shows details of expenditure of the Department of Water Resources, River Development and Ganga Rejuvenation under both Centrally Sponsored Schemes and Central Sector schemes.
Economic Times
27-04-2025
- Business
- Economic Times
Centre utilised over 98% of water resources funds in FY25, shows official data
The Jal Shakti ministry has utilised nearly the entire Central allocation for water resources schemes in the last fiscal, with 98.39 per cent of funds spent by the end of March, according to an official document. The document titled 'Report on Availability and Utilisation of Scheme Funds for 2024-2025 up to March 2025' shows details of expenditure of the Department of Water Resources, River Development and Ganga Rejuvenation under both Centrally Sponsored Schemes and Central Sector schemes. Centrally Sponsored Schemes (CSS) are programmes funded mainly by the Central government but implemented by state governments, often requiring a matching contribution from the states. Central Sector schemes are fully funded and implemented by the Central government without any financial participation from the states. According to the document, against a Central budget estimate of Rs 13,431.48 crore for Centrally Sponsored Schemes, the actual expenditure stood at Rs 13,216.34 crore. In comparison, the Central Sector schemes recorded a slightly lower utilisation rate at 81.79 per cent, with Rs 5,376.73 crore spent out of the Rs 6,573.73 crore allocated. The report notes a significant increase in both fund availability and utilisation compared to the previous financial year. In FY 2023-24, only 49.45 per cent of allocation for Centrally Sponsored Schemes was utilised. Total cumulative scheme fund utilisation across all sources -- including the State Nodal Accounts (SNA), Consolidated Nodal Agencies (CNA) and direct disbursements -- stood at Rs 15,804.73 crore for Centrally Sponsored Schemes and Rs 5,376.73 crore for Central Sector schemes by the end of March 2025. Officials attribute the marked improvement in fund usage to streamlined release mechanisms and better coordination with states. Funds released to states and CNAs rose from Rs 2,902.73 crore in FY24 to Rs 4,756.48 crore in FY25. The report also noted that balances in SNA and CNA accounts reduced significantly, suggesting quicker on-ground deployment. The SNA balance for Centrally Sponsored Schemes dropped from Rs 2,404.98 crore at the start of the year to Rs 1,347.38 crore by March-end. While the increased utilisation is seen as a positive sign for projects aimed at river development and Ganga rejuvenation, the ministry cautioned that minor discrepancies in data might persist due to delays in sharing by banks and state treasuries. The report showed significant activity under Central Sector schemes as well. Of the Rs 6,573.73 crore allocated to Central Sector schemes for 2024- 25, around Rs 5,376.73 crore had been spent by March-end, translating to a utilisation rate of 81.79 per cent. While this marks a slight dip compared to Centrally Sponsored Schemes, it still reflects a considerable level of deployment. The total funds available for Centrally Sponsored Schemes in 2024- 25 -- including opening balances, fresh releases and state shares -- stood at Rs 19,984.59 crore, up from Rs 11,182.09 crore in the previous financial year. Out of this, Rs 15,804.73 crore had been utilised by March, suggesting that most states made active use of their allocations. The estimated Central share in this expenditure was Rs 13,216.34 crore. In the case of Central Sector schemes, total funds available were Rs 5,944.31 crore, with Rs 5,376.73 crore utilised by the end of the financial year. The report also highlights that the state governments released Rs 5,992.46 crore to their SNA accounts by March 2025 -- an increase from Rs 4,822.25 crore in the previous year. This indicates improved coordination between the Centre and the states in releasing and deploying funds. The sharp increase in actual expenditure under Centrally Sponsored Schemes -- from Rs 10,059.15 crore in FY24 to Rs 15,804.73 crore in FY25 -- also points to a ramping up of implementation. The data also showed a negative expenditure of Rs 849.06 crore under Centrally Sponsored Schemes for a certain month in FY24, which officials say might be due to reconciliations or data updates. However, by March 2025, actual spending had caught up substantially. The steady drop in balances in the State Nodal Agency accounts, from Rs 2,404.98 crore to Rs 1,347.38 crore for Centrally Sponsored Schemes and from Rs 1,293.50 crore to Rs 608.63 crore for Central Sector schemes, further supports the notion that funds were moved from the treasury to implementation on the ground more swiftly than before.
Time of India
27-04-2025
- Business
- Time of India
Centre utilised over 98% of water resources funds in FY25, shows official data
The Jal Shakti ministry has utilised nearly the entire Central allocation for water resources schemes in the last fiscal, with 98.39 per cent of funds spent by the end of March, according to an official document. The document titled 'Report on Availability and Utilisation of Scheme Funds for 2024-2025 up to March 2025' shows details of expenditure of the Department of Water Resources, River Development and Ganga Rejuvenation under both Centrally Sponsored Schemes and Central Sector schemes. #Pahalgam Terrorist Attack India stares at a 'water bomb' threat as it freezes Indus Treaty India readies short, mid & long-term Indus River plans Shehbaz Sharif calls India's stand "worn-out narrative" Centrally Sponsored Schemes (CSS) are programmes funded mainly by the Central government but implemented by state governments, often requiring a matching contribution from the states. Central Sector schemes are fully funded and implemented by the Central government without any financial participation from the states. According to the document, against a Central budget estimate of Rs 13,431.48 crore for Centrally Sponsored Schemes, the actual expenditure stood at Rs 13,216.34 crore. 5 5 Next Stay Playback speed 1x Normal Back 0.25x 0.5x 1x Normal 1.5x 2x 5 5 / Skip Ads by In comparison, the Central Sector schemes recorded a slightly lower utilisation rate at 81.79 per cent, with Rs 5,376.73 crore spent out of the Rs 6,573.73 crore allocated. The report notes a significant increase in both fund availability and utilisation compared to the previous financial year. In FY 2023-24, only 49.45 per cent of allocation for Centrally Sponsored Schemes was utilised. Live Events Total cumulative scheme fund utilisation across all sources -- including the State Nodal Accounts (SNA), Consolidated Nodal Agencies (CNA) and direct disbursements -- stood at Rs 15,804.73 crore for Centrally Sponsored Schemes and Rs 5,376.73 crore for Central Sector schemes by the end of March 2025. Officials attribute the marked improvement in fund usage to streamlined release mechanisms and better coordination with states. Funds released to states and CNAs rose from Rs 2,902.73 crore in FY24 to Rs 4,756.48 crore in FY25. The report also noted that balances in SNA and CNA accounts reduced significantly, suggesting quicker on-ground deployment. The SNA balance for Centrally Sponsored Schemes dropped from Rs 2,404.98 crore at the start of the year to Rs 1,347.38 crore by March-end. While the increased utilisation is seen as a positive sign for projects aimed at river development and Ganga rejuvenation, the ministry cautioned that minor discrepancies in data might persist due to delays in sharing by banks and state treasuries. The report showed significant activity under Central Sector schemes as well. Of the Rs 6,573.73 crore allocated to Central Sector schemes for 2024- 25, around Rs 5,376.73 crore had been spent by March-end, translating to a utilisation rate of 81.79 per cent. While this marks a slight dip compared to Centrally Sponsored Schemes, it still reflects a considerable level of deployment. The total funds available for Centrally Sponsored Schemes in 2024- 25 -- including opening balances, fresh releases and state shares -- stood at Rs 19,984.59 crore, up from Rs 11,182.09 crore in the previous financial year. Out of this, Rs 15,804.73 crore had been utilised by March, suggesting that most states made active use of their allocations. The estimated Central share in this expenditure was Rs 13,216.34 crore. In the case of Central Sector schemes, total funds available were Rs 5,944.31 crore, with Rs 5,376.73 crore utilised by the end of the financial year. The report also highlights that the state governments released Rs 5,992.46 crore to their SNA accounts by March 2025 -- an increase from Rs 4,822.25 crore in the previous year. This indicates improved coordination between the Centre and the states in releasing and deploying funds. The sharp increase in actual expenditure under Centrally Sponsored Schemes -- from Rs 10,059.15 crore in FY24 to Rs 15,804.73 crore in FY25 -- also points to a ramping up of implementation. The data also showed a negative expenditure of Rs 849.06 crore under Centrally Sponsored Schemes for a certain month in FY24, which officials say might be due to reconciliations or data updates. However, by March 2025, actual spending had caught up substantially. The steady drop in balances in the State Nodal Agency accounts, from Rs 2,404.98 crore to Rs 1,347.38 crore for Centrally Sponsored Schemes and from Rs 1,293.50 crore to Rs 608.63 crore for Central Sector schemes, further supports the notion that funds were moved from the treasury to implementation on the ground more swiftly than before.
