All Government schemes should have a sunset clause and must be co-terminus with the tenure of Finance Commission, which is constituted every five years, the Finance Ministry said on Monday. It said the Five Year Plan era ends with the 12th Plan this month and hence all the schemes should also revisited to improve the quality of Government expenditure.
Every scheme should have a sun-set date and an outcome review, it said, adding that “for aligning the schemes with financial resources cycle of centre and and state governments, these will be co-terminus with the Finance Commission cycles, the first such be the remaining 14th Finance Commission period ending March 2020”.