Ahmedabad, The Department of Expenditure (DOE) of the Ministry of Finance has continuously advanced fiscal governance and public welfare through innovative financial management and policy reforms. A major achievement is the implementation of Direct Benefit Transfer (DBT) through the Public Financial Management System (PFMS). 20.23 lakh crores paid to government beneficiaries since 2014: Finance Ministry
The initiative has supported the Digital India mission by enabling real-time, transparent fund transfers for over 1,206 schemes in the financial year 2024-25, including Rs. 2.23 lakh crore transactions have been processed. Enhanced integration with 117 external systems and seamless interfaces with major banks has increased efficiency and accountability.
In line with the recommendations of the 15th Finance Commission, DOE has strengthened the fiscal position of the state by facilitating additional borrowing capacity, performance-linked incentives and grants for disaster recovery, healthcare and regional development. For FY 2024-25, the net borrowing ceiling was set at ₹9.40 lakh crore, with an additional 0.5% of GSDP earmarked for power sector reforms. These measures are aimed at boosting operational efficiency in states and promoting economic stability.
Reforms in public procurement are a major focus, with an increase in financial thresholds under the General Financial Rules (GFR) and the introduction of a revised procurement manual in 2024. These updates prioritize ease of doing business, transparency and clarity in procurement processes, ensuring alignment with modern governance requirements. The Delegation of Financial Powers Rules, 2024, facilitates the decision-making process by empowering departments and individuals, promoting efficiency and accountability in financial management.
The DOE has also introduced social security reforms for government employees with the Unified Pension Scheme (UPS), which guarantees guaranteed pension and inflation-adjusted benefits to retired employees. Slated for implementation from 1 April 2025, the scheme reflects the government's commitment to safeguarding the welfare of its workforce. Along with this, disaster management initiatives include providing timely funds to states affected by floods and landslides as well as modernization of fire and emergency services.
These milestones underline the continuity and vision of DOE to maintain fiscal prudence, operational efficiency and inclusive growth. By integrating digital technology, empowering financial autonomy and addressing critical needs such as disaster recovery and social security, the DoE continues to strengthen governance and promote economic resilience through support for capital investment.
year 2024Following are some of the major achievements of the Expenditure Department of the Ministry of Finance in:
- Public Financial Management System (PFMS) through Direct Benefit Transfer [ડીબીટી]
The Public Financial Management System (PFMS) provides a direct and significant contribution to the Government of India's Digital India initiative, enabling direct benefit transfer to Ministries/Departments of the Government of India.
Objective of DBT through PFMS:
- Complete tracking of fund realization from its release to deposit in intended beneficiaries' bank accounts.
- Only timely transfer of funds.
Achievements of direct benefit transfer [ડીબીટી] (31 November2024 until)
- In the year 2024-25, 1,206 schemes were covered under the Direct Benefit Transfer (DBT) initiative.
- 181.64 crore transactions have taken place in the financial year 2024-25.
- ₹ 2.23 lakh crore has been paid to the beneficiaries in the financial year 2024-25.
- Since 2014, there have been 1,212.27 crore transactions.
- ₹20.23 lakh crore has been paid to the beneficiaries since 2014.
- PFMS-External System Integration: 117 external systems in India have been integrated with PFMS.
- Centrally Sponsored (CS) Schemes and Central Sector Schemes (CSS) are on PFMS and all major banks including RBI have interfaces with PFMS.
