Finance ministry: India

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The source of this article

INDIA 2012

A REFERENCE ANNUAL

Compiled by

RESEARCH, REFERENCE AND TRAINING DIVISION

PUBLICATIONS DIVISION

MINISTRY OF INFORMATION AND BROADCASTING

GOVERNMENT OF INDIA

Finance: Indian government data

THE Ministry of Finance is responsible for administration of finances of the Government. It is concerned with all economic and financial matters affecting the country as a whole including mobilisation of resources for development and other purposes. It regulates expenditure of the Government including transfer of resources to the states.

This Ministry comprises five departments, namely,

(i) Economic Affairs,

(ii) Expenditure,

(iii) Revenue,

(iv) Disinvestment, and

(v) Financial Services.