
2,513 signatures
The Finance Ministry of India, a prominent branch of the Indian government, is principally responsible for the country's financial and economic aspects. It is engaged in tax collection, public expenditure, financial institutions, capital markets, center and state finances, and the Union Budget. The ministry is further divided into five departments: the Department of Economic Affairs, Department of Revenue, Department of Expenditure, Department of Financial Services, and Department of Investment and Public Asset Management. Each of these departments plays a significant role in the economic progress of the country. By managing the fiscal policy of the government, the Finance Ministry plays a pivotal role in India's economic growth.