NEW DELHI: Planning Commission on Tuesday set up a high-level expert committee headed by PM's Economic Advisory Council chairman C Rangarajan to suggest measures for efficient management of public expenditure.
The committee is mandated to suggest an action plan to abolish the present system of classifying expenditure into plan and non-plan.
The 11th Five-Year Plan (2007-12) document has discussed at length the various anomalies and inconsistencies that arise out of the present classification of expenditure into plan and non-plan categories.
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