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The DEA formulates and manages India’s economic policies, coordinates financial relations with other countries and international institutions, and supports sustainable economic growth through strategic initiatives and financial management.

The Department of Economic Affairs works with institutions like the Reserve Bank of India, Securities and Exchange Board of India, and others to support financial stability, policy coordination, and economic growth.

The Department of Economic Affairs manages India’s engagement with various multilateral and bilateral institutions, focusing on external financing, economic policy coordination, and development partnerships.

The Department of Economic Affairs engages with global market regulators to support financial sector development, align regulatory frameworks, and strengthen cross-border cooperation.

Besides the Department of Economic Affairs, the Ministry of Finance includes the Department of Expenditure, which oversees government spending; the Department of Revenue, responsible for taxation matters