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Economic Affairs

The main divisions of the Department of Economic Affairs are viz.,

The Department inter aliamonitors current economic trends and advises the Government on all matters having bearing on internal and external aspects of economic management including, prices, credit, fiscal and monetary policy and investment regulations. This Departmentalso supervises policies relating to Nationalised Banks, Life and General Insurancebesides managing Government of India Mints, Currency Presses, Security Pressesand Security Paper Mills. All the external financial and technical assistance received by India, except through specialised International organisations like FAO, ILO,UNIDO and except under international/bilateral specific agreement in the field of science and technology, culture and education are also monitored by this Department.The DEA is also responsible for preparation and presentation to the Parliament ofCentral Budget and the Budgets for the State Governments under President’s Ruleand Union Territory Administrations.

Source: National Portal Content Management Team, Reviewed on: 29-04-2011