आर्थिक कार्य विभाग DEPARTMENT OF Economic Affairsnational emblem

Menu

You are here

Home >> Divisions >> Integrated Finance Division

Integrated Finance Division

FUNCTIONS OF INTEGRATED FINANCE (IF) DIVISION

The IF Division is headed by the Financial Advisor (Finance) and consists of IF Unit - I, IF Unit - II and the DDG Cell. The main activities of the Division include :

  • Tendering financial advice on all matters involving government expenditure/concurrence to financial proposals of the Departments of Economic Affairs (DEA) and Financial Services (DFS) and their attached and subordinate offices.
  • Scrutiny of foreign deputation proposals of officers of DEA and DFS.
  • Monitoring and reviewing the progress of expenditure against sanctioned grant on a monthly and quarterly basis, ensuring compliance of instructions issued by the Department of Expenditure on economy/rationalisation of expenditure. Reviewing progress of schemes included in the Outcome Budget.
  • Standing Committee of Parliament on Finance/PAC and Audit Paras.
  • Preparation of Budget and related work in respect of Grant No 32 - Department of Economic Affairs and Grant No.33 - Department of Financial Services.
  • Coordination, compilation and printing and laying in Parliament of the Detailed Demand for Grants (DDG) and the Outcome Budget of the Ministry of Finance.

NAME & CONTACT ADDRESS OF DIVISION HEAD

Contact Person

Shri H Pradeep Rao

Joint Secretary & FA(Finance)

Room No 166-C,
North Block
Tel: 011 - 23092332
E-mail: hpradeep[dot]rao[at]nic[dot]in

UNIT WISE WORK ALLOCATION

I. Integrated Finance Unit - I

All financial proposals of Department of Economic Affairs and its subordinate and attached offices, e.g. National Savings Institute, Securities Appellate Tribunal, Investment Commission and Finance Commission.

Handles all matters relating to Grant No. 32 - Department of Economic Affairs, i.e., -

  1. Tendering financial advice on all matters involving expenditure.
  2. Scrutiny of and concurrence to foreign deputation proposals of officers of Department of Economic Affairs including obtaining the approval of Screening Committee of Secretaries through Department of Expenditure.
  3. Finalising Budget, Revised Budget and Supplementaries.
  4. Expenditure control, monitoring of progress of expenditure and submitting monthly and quarterly progress reports to Secretary (EA).
  5. Preparation of final requirements and surrender of savings and re-appropriation.
  6. Preparation of appropriation and finance accounts.
  7. Matters relating to Standing Committee of Parliament on Finance and PAC/Audit Paras in respect of DEA.
  8. Monitoring and ensuring compliance of economy instructions issued by Department of Expenditure from time to time.

II. DDG Cell

The Detailed Demands for Grants (DDG) Cell deals with the following items of work:

  1. Compilation and printing of Detailed Demands for Grants of the Ministry of Finance.
  2. Coordination work in respect of Standing Committee of Parliament on Finance with regard to Detailed Demands for Grants of Ministry of Finance.
  3. Compilation and printing work relating to the Statement made by the Hon'ble Finance Minister in both the Houses of Parliament regarding the status of implementation of recommendations of the Standing Committee on Finance.
  4. Numerical Monitoring of progress of settlement of C&AG Audit Paragraphs and PAC Recommendations in respect of Department of Economic Affairs and Department of Financial Services.

III. Integrated Finance Unit - II

All financial proposals of Department of Financial Services and its subordinate and attached offices, e.g. Appellate Authority for Industrial and Financial Reconstruction, Board for Industrial and Financial Reconstruction, Office of the Custodian, Office of the Special Court and Debt Recovery Tribunals.

Handles all matters relating to Grant No. 33 - Department of Financial Services, i.e., -

  1. Tendering financial advice on all matters involving expenditure.
  2. Scrutiny of and concurrence to foreign deputation proposals of officers of Department of Financial Services including obtaining the approval of Screening Committee of Secretaries through Department of Expenditure.
  3. Finalising Budget, Revised Budget and Supplementaries.
  4. Expenditure control, monitoring of progress of expenditure and submitting monthly and quarterly progress reports to Secretary (FS).
  5. Preparation of final requirements and surrender of savings and re-appropriation.
  6. Preparation of appropriation and finance accounts.
  7. Matters relating to Standing Committee of Parliament on Finance and PAC/Audit Paras in respect of Department of Financial Services.
  8. Monitoring and ensuring compliance of economy instructions issued by Department of Expenditure from time to time.
  9. Monitoring of the progress of the various schemes under Grant No. 33 - Department of Financial Services.

Coordination, compilation, printing and laying of the Outcome Budget in Parliament of the Ministry of Finance, which includes all the five Departments of the Ministry.

Name and Contact Address of Division Head:

Footer Menu