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AID, 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.
ADMINISTRATION DIVISION
All administrative and
establishment matters, including protocol, and implementation
of Official Language Policy fall within the domain of this Division.
BANKING
DIVISION
Banking Division is administering Government policies having
a bearing on the working of public sector banks and the term
lending Financial Institutions.
OFFICE
OF CUSTODIAN SPECIAL COURT (TORTS) Act, 1992
BILATERAL COOPERATION DIVISION
This
Division comprises of Colombo Plan, EEC Section, Japan Section
and PMU Section.
This
Division deals with Official Development Assistance from USA
and Canada and policy matters relating to exchange control
in India.
BUDGET
DIVISION
Apart 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).
CAPITAL
MARKET DIVISION
It is primarily responsible
for policy issues related to the orderly growth and development of
the securities markets (i.e. share, debt and derivatives)
and the functioning of Unit Trust of India (UTI) and
Securities and Exchange Board of India (SEBI).
ECONOMIC
DIVISION
It tenders
economic advice to the Government on important policy issues
relating to macro management of the economy. All matters connected with
Cadre Administration of Indian Economic Service (IES) are
handled in IES division.
EXTERNAL
COMMERCIAL BORROWING & PENSION REFORMS DIVISION
All policy matters pertaining
to External Commercial Borrowings (ECBs), Pension reforms,
JPC Cell, including credit rating, are the concern of this
Division.
FINANCE DIVISION
This Division is responsible
for tendering of financial advice on all matters involving
expenditure of the Department of Economic Affairs and also
for preparation of appropriation accounts relating to
the grants and appropriations controlled by DEA. The work
connected with the Internal Works Study Unit (IWSU)
is also handled in this Division.
FOREIGN
TRADE DIVISION
This Division renders
advice to the Ministry of Commerce, especially from
foreign exchange angle, on policies pertaining to Indian foreign
trade including matters connected with WTO and various multilateral
trade blocks like SAARC, SAFTA, ASEAN etc. Matters connected
with CIS countries, Colombo Plan, Indian Aid, African Development
Bank and Petroleum (POL) Desk are also handled in this Division.
FUND
BANK DIVISION
Matters relating
to International Monetary Fund (IMF), 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 this
Division.
INFRASTRUCTURE DIVISION
Sectoral responsibilities of
infrastructure, including Railways, Telecommunications, Roads,
Ports, Shipping, Civil Aaviation, Power, Coal, Non-Conventional
Energy Resources and Inland Water Transport (IWT) are handled
here. All policy matters relating
to production and supply of currency notes and coins in India,
apart from administration of GOI Mints and Security Presses,
fall within the domain of C&C Division. All matters relating
to Asian Development Bank and ADB financed Projects
are handled in ADB Section.
INSURANCE
DIVISION
All policy issues relating
to Life Insurance and General Insurance in the country,
including Insurance Regulatory Authority, fall within the
domain of this Division.
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