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Finance

The IFD of the Department of Fertilizers (DoF) is headed by Additional Secretary & Financial Advisor who is assisted by a Director (Finance), Director (Budget), Asstt. Financial Advisor (Under Secretary), two Section Officers and a small complement of staff in Finance-I and Finance-II unit.

Broadly, the work being handled in IFD includes the following :-

  • Examination and finalization of Annual Budget.
  • Preparation of various financial statements to be furnished along with Final Statements of Budget Estimates.
  • Consolidation and printing of Demands for Grants.
  • Proposals relating to re-appropriation of funds.
  • Proposals relating to Supplementary Demands for Grants.
  • Vote on Account.
  • Quarterly Projections/waiver of quarterly ceilings.
  • All proposals of Administrative Divisions for financial advice including policy proposals.
  • Financial concurrence on claims relating to subsidy payments for imported urea/indigenous and imported P&K Phosphatic fertilizers such as DAP, SSP, Complex fertilizers etc..
  • Coordination work relating to meeting of the Standing Parliamentary Committee for Department of Fertilizers for discussions on Demands for Grants.
  • Proposals for Standing Financial Committee (SFC) and Expenditure Finance Committee (EFC).
  • Vetting of Audit paras.