FM-led panel to decide on fund allocation from CRIF for infra projects

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The government has constituted a ministerial panel headed by the finance minister to decide about fund allocation for infrastructure projects from the Central Road and Infrastructure Fund (CRIF) announced in the budget. A government notification said the four-member committee will approve recommendations made by the sub-committee headed by the Economic Affairs Secretary on list of infrastructure projects to be financed from the CIRF.

Other members of the committee include Minister of Road Transport and Highways; Shipping; Water Resources, River Development and Ganga Rejuvenation, Railways Minister and Human Resource Development Minister. The 15-member sub-committee has secretaries from different ministries who will examine and evaluate proposals received from ministries on infrastructure projects.

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