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Ministry of Finance, Department of Economic Affairs Government of India
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Fiscal Legislation

Demand

  • Issuing the Budget Circular
  • Maintain the list of Demands as per the Allocation of Business Rules
  • Maintain the format of the Demands for Grants and its accompanying annexures as per the recommendations of the Estimates Committee/Public Accounts Committee.
  • Coordinate the work of compilation of Demands for Grants of all the Ministries/Departments.
  • Presentation of all the Budget documents in Parliament and the legislative work relating to preparation of Vote on Account and main Appropriation Bills.
  • Gender Budgeting
  • Handling budget related work of Demands for Grants in respect of Ministries/Deptts. of Deptt. of Health & Family Welfare, Health Services, AYUSH, School Education & Literacy, Higher Education, M/o Women & Child Development, M/o Social Justice & Empowerment, M/o Minority Affairs, M/o Tribal Affairs and Deptt. of Disability Affairs.
  • Financial policy in regarding to the utilisation of the proceeds of disinvestment channelized into the National Investment Fund
  • Printing and distribution of budget documents
  • Periodic updation of Budget Manual/Section level SOPs.
  • Institutions: Nil
  • External Territorial Charge: Nil
  • Ministries/Departments: Nil
  • States: Nil
  • Legislations: Appropriation Act

Name and designation of officers

FRBM

  • Administration of Fiscal Responsibility and Budget Management Act (FRBM), 2003 and the Rules framed there under.
  • Work relating to preparation and presentation of FRBM Report.
  • Preparation of Medium-Term Fiscal Policy cum Fiscal Policy Strategy Statement (MTFPSS), Macro Economic Framework Statement, Medium Term Expenditure Framework (MTEF) Statement for presentation in Parliament.
  • Preparation of Statements for half yearly review of the trends in receipts and expenditure in relation to the budget.
  • Preparation of Disclosure Statements such as Asset Register, Tax Revenue Raised but not Realised and Arrears of Non-Tax Revenue.
  • Handling budget related work of Demands for Grants in respect of Union Territories, Department of Public Enterprises, Department of Investment and Public Asset Management.
  • Budget Statistics Compilation and analysis.
  • MIS concerning expenditure and receipt.
  • Monitoring and analysis of expenditure and receipt trends.
  • MIS Report compilation for internal assessment by Budget Division.
  • Inputs for Credit Rating Agencies.
  • Inputs for World Bank and International Monetary Fund.
  • Institutions: Nil.
  • External Territorial Charge: Nil.
  • Ministries/Departments: Nil.
  • States: Nil.
  • Legislations: Fiscal Responsibility and Budget Management Act, 2003.

Name and designation of officers

Loans, Advances & Budget Review

Supplementary Demand (SD)

  • Presentation of Supplementary Demands for Grants.
  • Presentation of Demands for Excess Grants.
  • Administration of Government Guarantees.
  • Administration of the Contingency Fund of India Act and Rules.
  • Handling budget related work of Demands for Grants in respect of Ministries & Departments of Science/Technology Sector, Ministry of Environment & Forests, Ministry of External Affairs, Statistics & Programme Implementation.
  • Institutions: Nil
  • External Territorial Charge: Nil
  • Ministries/Departments: Nil
  • States: Nil
  • Legislations: Contingency Fund of India Act, 1950 & Contingency Fund of India Rules, 1952

Name and designation of officers

Public Deposit

  • Fixation of Interest rate of GPF and similar Funds including Special Deposit Scheme, Employees Provident Fund (EPF), Coal Mines Provident Fund (CMPF), National Defence Fund, Seamen’s Provident Fund (SPF).
  • Fixation of interest rates of loans and advances sanctioned by Central Government to States/Union Territory Governments, Public Sector Enterprises etc. (ii) Rate of interest to be charged on advances to Government servants for purchase of conveyance, and (iii) Advances to Government servants – Rate of interest on House Building Advance etc.
  • Recovery of Principal and Interest on all Government loans, Recoveries of Loans and Advances, including from Public Sector Units/Financial Institutions but excluding repayment from States; and Interest Receipts.
  • Handling budget related work of Demands for Grants in respect of Ministries of Labour & Employment, Skill Development & Entrepreneurship, Commerce, Heavy Industry, DPIIT, Textiles, Mines, MSME and Steel.
  • Non-Tax Revenue of the Central Government - finalization and compilation of estimates thereof.
  • Computerization of budget work, including work relating to NTR (other than those handled by PDMC).
  • Matters related to CPSEs/IEBR.
  • Institutions: Nil.
  • External Territorial Charge: Nil.
  • Ministries/Departments: Nil.
  • States: Nil.
  • Legislations: Public Debt Act, 1944.

Name and designation of officers

Accounts & Technical Advice

Accounts Section

  • Dealing with all issues relating to the Accounting of Government transactions of Ministries/Departments arising out of various Constitutional provisions and Acts of Parliament.
  • Accounting classification and procedures including Reforms in Budget and Accounts and constitution of Reserve Funds in Public Account.
  • Operation of approved funds in respect of external assistance drawn by CAAA before C&AG concurrence.
  • GFR and DFPR related issues.
  • Handling budget related work of Demands for Grants in respect of Ministries/Departments concerned with Railways, Telecom, Posts, Civilian Pension and Defence Pension.
  • Central Road and Infrastructure Fund.
  • PAC’s observations of Excess Expenditure.
  • Institutions: Nil.
  • External Territorial Charge: Nil.
  • Ministries/Departments: Nil.
  • States: Nil.
  • Legislations: Nil.

Name and designation of officers

COIN & CURRENCY DIVISION

Ms. Aparna Bhatia, Economic Advisor (Admin, BC&SF, C&C)

Room No. 34- B

Tele: 23092254

COIN & CURRENCY DIVISION

Ms. Manisha Sinha, CVO & Additional Secretary (OMI & Crypto)

Room No. 34- B

Tel. No. 23092882, 23094550

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