GFR Rule No 115 Part-2

🔸Centre-State Cost Sharing Under Article 258(3)

Ever wondered how State Governments get reimbursed when they carry out work for the Central Government — like road construction, surveys, or administrative functions?
The answer lies in Rule 115 of the General Financial Rules (GFR) 2017, which clearly defines how costs are calculated, shared, and settled between the Centre and State Governments under Article 258(3) of the Constitution.

🔸What You’ll Learn:
• What Rule 115 of GFR 2017 actually means
• How State Governments claim reimbursement for Central projects
• What happens when Public Works or Commercial Departments are involved
• Cost-sharing in joint establishments between the Centre and the States
• How ₹50,000 and a 5-year contract rule apply
• Role of the Ministry of Finance in arbitration and consultation

🔸Why This Rule Matters
Rule 115 promotes financial transparency and cooperative federalism, ensuring both the Centre and State Governments work efficiently without confusion about who bears the cost.
It helps maintain clarity, accountability, and consistency in India’s financial administration.

🔸 For Queries
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🔸 Disclaimer
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Видео GFR Rule No 115 Part-2 канала Rohit Semwal