Sections of Finance Department

Budget/F1 Section

• Budget & Re-appropriation
• Centrally Sponsored and Central Sector Schemes
• Contingency Fund.
• HBA Funds & MCA Fund certification
• Resources Mobilisation
• Monitoring of Receipts and Expenditure.

F2 Section

• Cadre controlling of DAT, Financial Controller, Dy. DAT, SAO&JAO.
• Secretariat work of the three Departments viz., DAT, Commercial Taxes and Economics & Statistics.
• PSU/Societies/Boards
• Release of funds, Monitoring and internal audit.
• Concurrence for Stationery and Printing.

F3 Section

• Concurrence in respect of Depts. Electricity, Industries, Labour, Tourism & Information.
• Policy and Co-ordination matters.
• Delegation of Financial Powers
• Implementation of Pay Commission recommendations.
• Interpretation/clarification on financial matters.
• Communication of GoI orders.
• GPF in respect of DAT, Commercial Taxes, Economics & Statistics.

F4 Section

Concurrence in respect of Departments Health, Education, Revenue, Assembly, OCM, Art & Culture, Port, Local Administration, L.G. Secretariat, Civil Supplies, Fisheries, Animal Husbandry, Election Department, HRI, Department of Rural Development, Survey, Chief Secretariat, PGGH, Chennai/Delhi, CVO, Administrator, Karaikal, Mahe & Yanam.

F5 Section

Concurrence in respect of Departments of PWD, Agriculture, Co-operation, Social Welfare, Law and Justice, Planning, Police/Fire/Jail, Transport, GAW, Town & Country Planning, A.D. Welfare, Women & Child Development, Forest, Freedom Fighter Cell, Science, Technology & Environment and Information Technology.

Ways & Means

Finance Department (Ways & Means) came into existence on 17.12.2007 ie., after creation of a separate Public Account for Union Territory of Puducherry.

Functions of the Section are as follows:

• Debt Management of Govt. of Puducherry.
• Monitoring of Daily Cash position of Govt. of Puducherry and investing Govt. monies in Treasury Bills.
• Conducting Quarterly Meeting with RBI officials for reconciliation and accounting procedures.
• Getting approval/consent from MHA to borrow under Section 48A of the UT Act, 1963 as amended in 2001.
• Coordinating with the Budget Section in the preparation of Fiscal Road Map and Fiscal Consolidation.
• Availing Market Borrowing through Reserve Bank of India.
• Constitution of Consolidated Sinking Fund/Guarantee Redemption Fund and is related matters.
• Availing Negotiated loans from HUDCO, NABARD, REC etc. and conduct of periodical Review Meetings.
• Govt. Guarantee to Autonomous Bodies/Societies/Corporations.
• Opening up of a Bank Account by Departments
• Monitoring of receipt of loans by Autonomous Bodies
• Rationalization of expenditure
• Liasoning with DAT, Planning and Research Dept., and Budget Officer on important financial matters.