Department of Economic Affairs : Economic Division

Economic Division

The Economic Division is headed by Chief Economic Adviser.  The main functions of the Division are advisory in nature.  The Division examines domestic and international economic trends and undertakes policy research having a bearing on formulation of economic policies and management of the economy.

Main activities of the Division include:

1.      Monitoring of Prices, Price Policy

2.      Monitoring of trends in Agricultural and Industrial Production

3.      Monitoring of Production, Public Distribution and Foodgrains Stocks held
         by Government

4.      Analyzing developments  related to Money and Credit

5.      Public Finance

6.      Fiscal Policy and Tax Reforms

7.      Foreign Trade and Balance of Payments

8.      International Economic Institutions: World Bank and IMF related issues

9.      Preparation of Annual Economic Survey and Mid Year Review of the
         Economy.

10.     Preparation of Macroeconomic backdrop for Quarterly Statement to be
         placed in
Parliament in compliance of the FRBM Act, 2003

11.     Preparation of Economic and Functional Classification of the Central
         Government Budget

12.     Preparation of Monthly Economic Report and report on State of the
         Economy

13.     Compilation of Statistical Album on Public Finance

14.     Organizing Pre-budget meetings of the Finance Minister with stake holders

15.     Collection, compilations and quarterly dissemination of External Debt
         Statistics

Organizational chart

Functional Units