General Financial Rules (GFRs)
E543273
The General Financial Rules (GFRs) are a set of central government guidelines in India that lay down the principles and procedures for public financial management, including budgeting, expenditure, procurement, and accounting.
Observed surface forms (1)
| Surface form | Occurrences |
|---|---|
| General Financial Rules | 0 |
Statements (50)
| Predicate | Object |
|---|---|
| instanceOf |
Government of India rules
ⓘ
financial regulations ⓘ |
| administeredBy |
Department of Expenditure
NERFINISHED
ⓘ
Ministry of Finance NERFINISHED ⓘ |
| alsoKnownAs | GFRs of Government of India NERFINISHED ⓘ |
| appliesTo |
Central Government departments
NERFINISHED
ⓘ
Central Government ministries ⓘ attached offices of the Government of India ⓘ autonomous bodies substantially financed by the Central Government ⓘ subordinate offices of the Government of India ⓘ use of public funds by Central Government entities ⓘ |
| bindingOn | all officers responsible for incurring or controlling expenditure from the Consolidated Fund of India ⓘ |
| country | India ⓘ |
| issuedBy |
Government of India
NERFINISHED
ⓘ
Ministry of Finance NERFINISHED ⓘ |
| language | English ⓘ |
| legalStatus |
executive instructions
ⓘ
subordinate legislation ⓘ |
| levelOfGovernment | Union Government NERFINISHED ⓘ |
| principle |
accountability of spending authorities
ⓘ
competition in public procurement ⓘ economy in public expenditure ⓘ efficiency in use of public resources ⓘ fairness in public procurement ⓘ transparency in financial decisions ⓘ |
| purpose |
to ensure transparency in public financial transactions
ⓘ
to lay down general rules for financial management of Government of India ⓘ to promote accountability in use of public funds ⓘ to standardize procedures for government financial operations ⓘ |
| relatedTo |
Central Civil Services Rules
NERFINISHED
ⓘ
Delegation of Financial Powers Rules NERFINISHED ⓘ Fundamental Rules of Government of India NERFINISHED ⓘ Manual for Procurement of Consultancy and Other Services NERFINISHED ⓘ Manual for Procurement of Goods NERFINISHED ⓘ Manual for Procurement of Works NERFINISHED ⓘ |
| scope |
budget execution
ⓘ
budget formulation ⓘ contract management ⓘ control of expenditure ⓘ government accounting procedures ⓘ internal control and internal audit ⓘ inventory management ⓘ public procurement procedures ⓘ sanction of expenditure ⓘ |
| shortName | GFRs NERFINISHED ⓘ |
| subjectArea |
government accounting
ⓘ
government budgeting ⓘ government procurement ⓘ public expenditure management ⓘ public financial management ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.