FinMin nod must for hosting seminars if expenditure exceeds Rs 40 lakh

NEW DELHI: Government departments and autonomous bodies will have to seek approval of the finance ministry for organising seminars, conferences and workshops if the expenditure exceeds Rs 40 lakh. According to an office memorandum of the Department of Expenditure, all proposals involving expenses of less than Rs 40 lakh will have to be approved by financial advisor of the concerned ministry.