West Bengal Finance Department: Today we will talk about the things of the Finance Department of the Government of West Bengal. The department oversees the entire financial functions of the Government of West Bengal.
In fact, the finance department is the most important department of a government. This department ensures the smooth mobilization of money starting from budgeting. That is, one of the tasks of the finance department is to ensure the best development through fewer resources.
The Government of West Bengal has its own Finance Department which prepares the budget every year and works on the basis of resource management for infrastructure development.
Name of the Department | Finance Department of West Bengal |
State | West Bengal |
Services | Finance Services in West Bengal. |
Current CM | Mamata Banerjee |
Purpose | To provide Finance Development of West Bengal. |
Official website | https://finance.wb.gov.in/ |
In today’s event, we will learn about the Finance Department of the Government of West Bengal. First of all, we discuss activities and objectives and then we will end by providing some important information about the official website.
So let’s find out about the Finance Department of the Government of West Bengal.
Government of West Bengal Finance Department
The Finance Department is an integral part of every government structure. This department of the Government of West Bengal is autonomous and constitutional. However, the department is jointly accountable to the legislature and is accountable for its work.
The Finance Department of the Government of West Bengal is headed by a Cabinet Minister. The Department also has a Secretary and a Deputy Secretary. The first and foremost task of the department is to prepare the budget.
That is, at a certain time every year, the department presents the budget for the next year which is later passed with the permission of the legislature. With limited resources, the department works for the proper development of West Bengal.
It wants the department to do infrastructure development through resource utilization. The Finals Department of the Government of West Bengal can be compared to the Finance Department of the Central Government.
Aims and Objectives of West Bengal Government Finance Department
In fact, every government has a finance department. This department basically controls the economic activities of the region. A state can never reach the pinnacle of development unless that state can properly utilize its economic resources.
That is, the development of a state takes place through the proper use of resources. This is where the role of the finance department lies. The first and foremost objective of the Finance Department of the Government of West Bengal is to ensure the proper utilization of resources.
We know that resources are limited and proper utilization of these limited resources ensures the development of the country. This department ensures the proper utilization of resources.
One of the objectives of the department is to develop the infrastructure through the proper utilization of resources. In other words, the department works so that West Bengal can keep pace with other states of modern technology.
The department prepares the budget every year and seeks to ensure development by supervising the work on the basis of this budget.
Functions of the West Bengal Finance Department
So far we have talked about the Finance Department of the Government of West Bengal and its objectives. Now let’s find out what are the functions of the department.
I have said before that the Finance Department of the Government of West Bengal has multifaceted functions and the biggest thing is that this department is related to the proper development of the Government of West Bengal.
Because a state can never develop without economic development.
1. Formulate a budget
The first task of the Finance Department of the Government of West Bengal is to formulate a budget. The budget is basically the calculation of the gross financial income and expenditure of this year. And this budget is determined by the finance department.
I see how much money will be invested and how much development will be done in a year. Everything is included in the budget. However, the finance department not only prepares the budget but also monitors whether the work is going properly according to the budget.
2. Related to other departments
One of the functions of the Finance Department is to work closely with other financial departments. It is like the economic organizations include many more departments such as the International Treasury Foundation.
The Department of Finance works in conjunction with its subordinate departments and cooperates with the government for maximum development.
3. Infrastructure development
This department deals with infrastructure development in West Bengal. In fact, the infrastructure development of a state is determined by the proper and economic use of that department.
The finance department uses state-of-the-art technology and decides how to do the right and best infrastructure development at a low cost.
4. Tendering
One of the functions of the Finance Department is to do tendering. All these works include the construction of roads, construction of schools, construction of bridges, etc.
5. Set policy
One of the reasons for the Department of Finance is to set different economic policies, that is, to make decisions that accelerate economic development. However, the department emphasizes policy implementation as well as policy formulation.
For proper implementation of the policy, the department works in collaboration with its subordinate departments and provides assistance and cooperation.
6. Conduct various schemes
If economic security is not ensured among the people, then the economic development of a state is never achieved. To this end, the department conducts various economic schemes and helps in their implementation.
One such scheme is low savings, through which the department has made arrangements to deposit money at the post office. With the help of the scheme, the people of West Bengal will be able to save their money at the post office little by little. And every three years or five years, they will be able to withdraw a large sum of money.
Official website of West Bengal Finance Department
There is an official website of the Finance Department of the Government of West Bengal. However, like all other departments, all the information of this department is available from the website of the Government of West Bengal.
However, there is an individual website for this department. The website is www.abdin.nic.in The website performs many functions. In fact, the website provides information to the general public about the Department of Finance and the policies adopted by the Government of West Bengal.
When you enter the website, the first thing you see is the official logo of the finance department. The website is made of a combination of white and blue colors giving a simple and elegant look. The website is user-friendly.
About the section of the website, you can find out about the Finance Department of the Government of West Bengal. You can know the functions goals and objectives of the department through the website.
In addition, every year the budget of the BB is prepared and its notification is published on the website. The state government can ensure transparency in economic matters to the general public.
In addition, the circular of tenders accepted by the Finance Department is given through the website. By applying, you can also become a partner in government aid work. Another special aspect of this website is that it gives an idea about the places run by the finance department.
You can get a clear idea about the small savings scheme in person. The website also publishes details of other companies with which the finance department works. Treasury fund information is kept updated through the website.
Last word
The Finance Department of the Government of West Bengal is one of the most important departments as it oversees economic affairs and works for the infrastructure development of West Bengal.
In fact, a country can only prosper when its economic department works well. In this regard, the Finance Department of the Government of West Bengal performs its own functions with transparency and accountability and assists and co-operates with other departments.
Official Site | Click Here |
WBGOV Home | Click Here |