New Delhi, March 27 -- Finance Minister Nirmala Sitharaman on Friday said in the Rajya Sabha that the government is maintaining strict fiscal discipline while taking decisive steps to protect citizens from global economic pressures, particularly the sharp rise in crude oil prices.
Replying to discussions on Finance Bill 2026, the Finance Minister highlighted that a "just-in-time" fund release system has been introduced to ensure efficient utilisation of public money.
Under this system, funds are released to states only after utilisation certificates are submitted, preventing unnecessary parking of funds and reducing excess borrowing.
She said this mechanism enables better transparency, real-time tracking and ensures that resources reach ...