Garhwal Post Bureau
Dehradun, 23 Oct: The Government of India has extended its support to Uttarakhand’s ambitious Rs 680 crores financial reform initiative, recommending the state’s project titled “Strengthening Public Financial Management for Improved Service Delivery in Uttarakhand” to the World Bank for consideration. The endorsement by the Ministry of Finance marks a major step forward and a significant boost to the state’s efforts to modernise and strengthen its public financial management system with international assistance.
The project marks a major milestone for the state government, which has sought external assistance of approximately Rs 680 crores (around USD 80 million) from the World Bank. Its objective is to enhance the efficiency, transparency, and accountability of Uttarakhand’s public financial management system while strengthening the mechanisms for service delivery.
Union Ministry of Finance has formally forwarded the proposal to Paul Pruijssers, Acting Country Director of the World Bank’s India Office in New Delhi, recommending it for a positive consideration and approval. The project aims to make the state’s financial framework more technology-driven, efficient, and responsive so that the benefits of government schemes reach citizens swiftly, accurately, and transparently. It envisages wide-ranging reforms in financial management, budgetary control, accounting systems, expenditure management, and public service delivery.
Commenting on the development, Chief Minister Pushkar Singh Dhami today welcomed the Centre’s recommendation and described it as a strong endorsement of Uttarakhand’s commitment to financial reform and good governance. The CM also claimed that the government has been working to ensure that every rupee of public expenditure is utilised transparently and in the interest of the people. He said that potential World Bank assistance would enable the state to build digital, resilient, and results-oriented financial systems.
The CM further observed that the project would bring remarkable improvements in fiscal discipline, data transparency, and the overall quality of governance. According to the State Finance Department, the initiative will set a new benchmark in e-governance and digital public finance management by enabling real-time financial monitoring, improved reporting, and accountability across departments.
Thie officials claim that this proposed collaboration between the Government of India, the World Bank, and the Government of Uttarakhand will expectedly become a landmark step towards establishing Uttarakhand as a financially robust, transparent, and accountable state, ensuring efficient and citizen-centric delivery of government services.
