ACCOUNTS & AUDIT DIVISION
This Division is responsible for disbursement of loans
and grants from multilateral/ bilateral donor agencies,
debt servicing of loans to multilateral/ bilateral
donors, accounting of external assistance,
export promotion audit and supply of management
information to credit Divisions.
and establishment matters, including protocol, and
implementation of Official Language Policy fall within
the domain of this Division.
Division deals with Bilateral Development Assistance
from all G-8 countries.
One of the main functions of the Division is to
extend concessional Lines of Credit to other developing
It also monitors the progress of implementation
of Externally Aided Projects and administers all short
term foreign training programmes.
from preparation of Union
Budget and other allied issues
like market borrowings, accounting and auditing
procedures and financial relationship
with the State Governments. This Division
also deals with mobilization of small savings through
the National Savings Organisation (NSO).
is primarily responsible for policy issues related to
development of the securities markets (i.e. share,
debt and derivatives), External Commercial Borrowing and
administration of Foreign Exchange Management Act (FEMA),
1999. It also looks after the administrative
matters of the Specified Undertaking of Unit Trust of
India (SUUTI), the Securities and Exchange Board of
India (SEBI), Securities Appellate Tribunal (SAT) and
Pensions Funds Regulation and Development Authority (PFRDA).
tenders economic advice to the Government on important
policy issues relating to macro management of the
is responsible for tendering of financial advice on
all matters involving government expenditure of the
Department of Economic Affairs and the Department of
Financial Services. The Division is also responsible
for preparation of the Budget and administering the
Detailed Demands for Grants in respect of these
Departments. Coordination, compilation and printing
of the Detailed Demands for Grants and the Outcome
Budget of the Ministry of Finance is also handled by
a view to provide focused and outcome oriented
engagement with multilateral organizations and Trade
Related issues, Multilateral Relations Division has been
created recently by merging Sections from Foreign Trade
Division and Fund Bank Division specifically dealing
with related issues.
The MR Division is headed by JS (MR) and
comprises five sections.
Under the present schematic framework, MR-I
Section has been assigned the job of rendering advice
and dealing all matters related to G-20, G-24, G-8, ASEM,
OECD and EC, MR-II Section deals with UN related matters
and all policy related matters of UNDP comes under its
MR-III Section advises on WTO and SAARC related
MR-IV Section is responsible for all matters
related to Colombo Plan and Technical Cooperation framed
MR-V Section renders advice to Ministry of
Commerce on issues arising out of and consequent to
implementation of Foreign Trade Policy.
relating to International Monetary Fund (IMF), Asian
Development Bank (ADB), International Bank for Reconstruction and Development (IBRD),
International Development Asso-ciation (IDA),
International Finance Corporation (IFC), Global
Environment Facility (GEF) and Multilateral
Investment Guarantee Agency (MIGA) are the concern of
All matters connected with Cadre
Administration of Indian Economic Service (IES) are
handled in IES division.
AND INVESTMENT DIVISION
of infrastructure, including Railways,
Telecommunications, Roads, Ports, Shipping, Civil
Aaviation, Power, Coal, Non-Conventional Energy
Resources and Inland Water Transport (IWT) are handled
OFFICE (Debt Management)
This Office is established consequent to the decision of
the Government, announced in the Budget Speech of
2007-08, with the objective of enhancing Government's
debt management capabilities and managing the risks in
the government's debt portfolio.