Budget 2023: Team Responsible For Preparing Union Budget And Their Roles
1 year, 11 months ago

Budget 2023: Team Responsible For Preparing Union Budget And Their Roles

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Union Budget 2023 will be presented in Parliament in less than a month. Department Of Expenditure And Finance Secretary TV Somanathan The Department of Expenditure is the nodal department for overseeing the public financial management system in the Central government and matters connected with state finances. Department Of Economic Affairs And Finance Secretary Ajay Seth The Department of Economic Affairs under the Ministry of Finance, assists the Central government in maintaining sound public finances through efficient use of the nation's economic resources. Finance Secretary Ajay Seth Ajay Seth, a 1987-batch Karnataka cadre IAS officer, also has the additional responsibility of co-chairing the G20 central bank and finance minister’s meetings into next year. Department of Investment and Public Asset Management & Finance Secretary Tuhin Kanta Pandey The Department of Investment and Public Asset Management deals with all matters relating to the management of Central government investments in equity including disinvestment of equity in central public sector undertakings.

History of this topic

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