The Role of the Ministry Of Finance


Abstract: The ministry of finance plays a very crucial role in development planning in India. It supervises the financial institution and is responsible for the overall financial management of the country. The IDBI which in the initial years was a subsidiary of the RBI was separated from it in July 1975 and since then has been operating Asian apex financial institution.

Keywords: Disinvestment, Five Year Plan, Reserve Bank Of India, LIC, New Economic Policy, Liberalization, Globalization.

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