NEW DELHI: The NITI Aayog is developing more than two dozen indicators to monitor and evaluate the progress of the Centre’s flagship schemes and ideas in an effort aimed at targeting funds better and improving outcomes. The indicators will be a mix of assets created and services-based parameters that will help the Aayog track outcomes in the government’s priority areas. There are more than 20 flagship schemes related to social security, financial inclusion, infrastructure creation, health and education, and food security along with the government’s Skill India and Digital India initiatives, adding up to over Rs 2.5 lakh crore of public spending. senior government official at Aayog, the government’s think tank, told ET that a team is developing specific indicators for each flagship scheme to monitor and evaluate its performance and recommend mid-course correction, if required, based on the progress of these schemes.According to the official, who did not wish to be identified, the government will use the soon to be completed Socio Economic and Caste Census to determine the number of beneficiaries under each scheme which will then be mapped against the targets set by the government. The number of houses built, toilets constructed or roads built will be tracked, for example, under the respective flagship schemes. Similarly, the number of bank accounts opened under the Jan Dhan Yojana or people enrolling for the recently unveiled insurance and pension schemes of the government will be used to monitor the progress of each of these schemes.For schemes related to health and education, indicators such as mortality rate, enrolment and dropout in schools could be used while the Skill India initiative may be monitored by the number of individuals imparted training and their placement so that the government can for sure lay claim to employment provided to millions of youth entering the workforce during its tenure. "Once these indicators are in place, we will set internal targets for all the flagship schemes based on the identified indicators, the progress of which will be updated on real-time basis," the official said. "This will help us monitor the monthly progress under each scheme by the dedicated division on monitoring and evaluation in the Aayog and the same will be reviewed by either the Prime Minister (who heads the think tank as its chairperson ) or his office on a monthly basis."