This mind map outlines the fundamental principles, constitutional provisions, and oversight mechanisms that ensure the appropriate and accountable use of public funds and assets in India. It emphasizes fiscal prudence, transparency, and the prevention of misuse for private gain.
This mind map outlines the fundamental principles, constitutional provisions, and oversight mechanisms that ensure the appropriate and accountable use of public funds and assets in India. It emphasizes fiscal prudence, transparency, and the prevention of misuse for private gain.
Appropriation Acts (Art 114, 204)
CAG (Art 148)
Consolidated Fund (Art 266)
Parliament/State Legislature
Public Accounts Committee (PAC)
CAG Audit
Economy, Efficiency, Effectiveness
Fiscal Prudence & Discipline
Exclusively for Public Purpose
General Financial Rules (GFRs)
FRBM Act 2003
Prevention of Corruption Act 1988
Appropriation Acts (Art 114, 204)
CAG (Art 148)
Consolidated Fund (Art 266)
Parliament/State Legislature
Public Accounts Committee (PAC)
CAG Audit
Economy, Efficiency, Effectiveness
Fiscal Prudence & Discipline
Exclusively for Public Purpose
General Financial Rules (GFRs)
FRBM Act 2003
Prevention of Corruption Act 1988
All government expenditure must be authorized by Parliament (for Union) or State Legislature (for states) through Appropriation Acts (Article 114, Article 204).
Funds are primarily drawn from the Consolidated Fund of India/State (Article 266).
The Comptroller and Auditor General (CAG) (Article 148) audits all government expenditure to ensure legality, regularity, and propriety.
General Financial Rules (GFRs) provide detailed guidelines for financial management, procurement, and expenditure by government departments.
Public assets (e.g., government vehicles, aircraft, buildings) are to be used for official purposes only, as per established rules and policies.
Principle of economy, efficiency, and effectiveness in public spending.
Prohibition of using public office or resources for private benefit or to confer undue advantage.
Accountability to the legislature through various reports and committees (e.g., PAC, Estimates Committee, Committee on Public Undertakings).
Fiscal Responsibility and Budget Management (FRBM) Act 2003 aims to ensure fiscal discipline and prudent management of public finances.
Prevention of Corruption Act 1988 penalizes misuse of public office for pecuniary advantage.
This mind map outlines the fundamental principles, constitutional provisions, and oversight mechanisms that ensure the appropriate and accountable use of public funds and assets in India. It emphasizes fiscal prudence, transparency, and the prevention of misuse for private gain.
Appropriate Use of Public Funds & Assets
All government expenditure must be authorized by Parliament (for Union) or State Legislature (for states) through Appropriation Acts (Article 114, Article 204).
Funds are primarily drawn from the Consolidated Fund of India/State (Article 266).
The Comptroller and Auditor General (CAG) (Article 148) audits all government expenditure to ensure legality, regularity, and propriety.
General Financial Rules (GFRs) provide detailed guidelines for financial management, procurement, and expenditure by government departments.
Public assets (e.g., government vehicles, aircraft, buildings) are to be used for official purposes only, as per established rules and policies.
Principle of economy, efficiency, and effectiveness in public spending.
Prohibition of using public office or resources for private benefit or to confer undue advantage.
Accountability to the legislature through various reports and committees (e.g., PAC, Estimates Committee, Committee on Public Undertakings).
Fiscal Responsibility and Budget Management (FRBM) Act 2003 aims to ensure fiscal discipline and prudent management of public finances.
Prevention of Corruption Act 1988 penalizes misuse of public office for pecuniary advantage.
This mind map outlines the fundamental principles, constitutional provisions, and oversight mechanisms that ensure the appropriate and accountable use of public funds and assets in India. It emphasizes fiscal prudence, transparency, and the prevention of misuse for private gain.
Appropriate Use of Public Funds & Assets
