About

The Department of Economic Affairs (DEA) is one of the six departments under the Ministry of Finance, Government of India. It is the nodal agency of the Union Government responsible for formulating and monitoring the country's economic policies and programmes affecting domestic and international economic management. Key Functions: Macro-economic Policy Management: Manages macro-economic policies, fiscal policy, inflation control, and public debt management. Union Budget Preparation: Prepares and presents the Union Budget to Parliament and budgets for state Governments under President's Rule and Union Territory administrations. Capital Markets: Regulates and oversees capital markets and financial market development. External Financial Relations: Enhances external financial relations through engagement with G20, BRICS, SAARC, and other international forums. Indian Economic Service: Manages the Indian Economic Service (IES) cadre. Investment Promotion: Oversees foreign direct investment (FDI), National Investment and Infrastructure Fund (NIIF), and Alternative Investment Funds (AIFs). Currency and Mint Operations: Manages the production of currency, postal stationery, and stamps. Headquarters: Kartavya Bhawan-1, New Delhi-110001 The Department provides services primarily to Central Government Ministries, Agencies, State Governments, and government employees, playing a crucial role in India's economic governance and development.