CURRENT AFFAIRS

Detailed explanation-1: -Government has issued fresh flexi-fund guidelines that will give more freedom to states in spending money under the Centrally Sponsored Schemes (CSS) to meet local developmental requirements.

Detailed explanation-2: -Flexi Funds means that states if they so desire can set aside 25% of any CSS as flexi-fund to be spent on any sub-scheme or innovation or component that is in line with the overall aim and objective of the approved Centrally Sponsored Scheme.

Detailed explanation-3: -The Subgroup of Chief Ministers on the rationalisation of Centrally Sponsored Schemes (CSS) was constituted on 9 March 2015 by the Hon’ble Prime Minister.

Detailed explanation-4: -Follow Us. The difference between a CS and a CSS is that for a central sector scheme, all expenditure is borne by the Union government. There are at least three reasons for a discourse on central sector (CS) and centrally sponsored schemes (CSS).

Detailed explanation-5: -1. Central sector schemes are 100% funded by the Union government and implemented by the Central Government machinery. In Centrally Sponsored Scheme (CSS) a certain percentage of the funding is borne by the States and the implementation is by the State Governments.