Consider the following statements about Non Lapsable Central Pool of Resources Scheme NLCPR ndash 1 ...........

Economic Affairs North East Problem

Consider the following statements about Non Lapsable Central Pool of Resources Scheme (NLCPR) –

1. It is an accrual of the unspent balance of the mandatory 10% budgetary allocation for the North-Eastern Region of the Ministries/Departments.

2. It ensures speedy development of NER by increasing the targeted flow of budgetary resources.

3. It is utilized by the Ministry of Development of North Eastern Region (DoNER) under the two Schemes of NLCPR – State and NLCPR-Central.

Which of the statement given above is / are correct?

1, 2 and 3

1 and 2 only

2 and 3 only

1 and 3 only

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Explanation:

It was created in 1997-98, with a funding pattern of 90:10 to ensure speedy development of NER by increasing the targeted flow of budgetary resources. It is an accrual of the unspent balance of the mandatory 10% budgetary allocation for the North-Eastern Region of the Ministries/Departments.
It is utilized by the Ministry of Development of North Eastern Region (DoNER) under the two Schemes of NLCPR – State (fund the priority projects of North Eastern States) and NLCPR-Central (funds projects of national and regional importance by the central ministries). Recently, Cabinet approved Non-Lapsable Central Pool of Resources (NLCPR) scheme for continuation till 2020.