The Integrated Finance Unit works under Joint Secretary & Financial Adviser (Finance) and tenders financial advice and concurrence to proposals involving expenditure in respect of Department of Expenditure as well as their attached offices. It deals with the expenditure and Budget related proposals under Detailed Demand for Grant (DDG) of Department of Expenditure which includes (i) Secretariat General Services covering the establishment budget for the Department of Expenditure, Controller General of Accounts, Central Pension Accounting Office, Finance Commission Division, Staff Inspection Unit, Cost Accounts Branch and Chief Controller of Accounts ; (ii) Other Administrative Services covering the budget for Institute of Government Accounts and Finance, National Institute for Financial Management, 7th Central Pay Commission, Expenditure Management Commission, Contribution to International Body (AGAOA) and the budget relating to payment of service charges to the Central recordkeeping Agency for the New Pension Scheme; and (iii) Other General Economic Services covering the budget for Public Financial Management System (PFMS).
IFD is responsible for exercising expenditure control and management, ensuring rationalization of expenditure and compliance of economy measures in accordance with the instructions of the Department of Expenditure including regular monitoring of expenditure through monthly/Quarterly reviews and submission of reports to the concerned.
Coordination of all matters relating to the examination of the DDG by the Parliamentary Standing Committee on Finance. Coordination, compilation, printing and laying of the ‘Outcome Budget/Detailed Demand for Grants (DDG)’ of the Ministry of Finance in Parliament. Monitoring of pending PAC/C&AG Audit Paras. Coordination, compilation, printing and presentation of Statements to be made by Hon’ble Finance Minister as required in terms of Rule 73-A, in Lok-Sabha/Rajya Sabha in respect of implementation of Reports of the Standing Committee.