The Ministry of Housing & Urban Affairs on 03.04.20323 has issued clarification regarding utilizing CSR funds for Swachh Bharat Mission (Urban) 2.0. To monitor flow and utilization of funds under the Centrally Sponsored Schemes (CSS) including SBM-U 2.0 and AMRUT 2.0, a new procedure for flow of funds under CSS has been notified by the Department of Expenditure, Ministry of Finance on 23rd March, 2021.
Under the new procedure, each CSS is to be implemented by a Single Nodal Agency (SNA) having a Single Nodal Account in a scheduled commercial bank. The down the line Implementing Agencies (IAs) use Zero Balance Accounts to draw funds from the SNA account which on a real time basis indicates the contribution of State Share (SS) as well as funds utilization.
