Ch.-1 – INTRODUCTION
Rule 1 Short Title and Commencement: These rules may be called General Financial Rules, 2017 and they shall come into force at once and shall be applicable to all Central Government Ministries/ Departments, attached and subordinate bodies. The provisions contained in GFRs are deemed to be applicable to Autonomous Bodies except to the extent the bye-laws of an Autonomous Body provides for separate Financial Rules which have been approved by the Government.
Rule 2 Definition: In these rules, unless the context otherwise requires-
(i) “Accounts Officer” means the Head of an Office of Accounts or the Head of a Pay and Accounts Office set up under the scheme of departmentalization of accounts;
(ii) “Administrator” means Administrator of a Union Territory, by whatever name designated;
(iii) “Appropriation” means _ the assignment, to meet specified expenditure, of funds included in a primary unit of appropriation;
(iv) “Audit Officer” means the Head of an Office of Audit;
(v) “Competent Authority” means, in respect of the power to be exercised under any of these Rules, the President or such other authority to which the power is delegated by or under these Rules, Delegation of Financial Power Rules or any other general or special orders issued by the Government of India;
(vi) “Comptroller and Auditor General” means the Comptroller and Auditor General of India;
(vii) “Consolidated Fund” means the Consolidated Fund of India referred to in Article 266 (1) of the Constitution;
(vill) “Constitution” means the Constitution of India;
(ix) “Contingency Fund” means the Contingency Fund of India established under the Contingency Fund of India Act, 1950, in terms of Article 267 (1) of the Constitution;
(x) “Controlling Officer” means an officer entrusted by a Department of the Central Government with the responsibility of controlling the incurring of expenditure and/or the collection of revenue. The term shall include a Head of Department and also an Administrator;
(xi) “Department of the Government of India” means any of the Ministries, Departments, Secretariats and Offices as notified from time to time and listed in the First Schedule to the Government of India (Allocation of Business Rules);
(xii) “Drawing and Disbursing Officer” means a Head of Office and also any other Gazetted Officer so designated by a Department of the Central Government, a Head of Department or an Administrator, to draw bills and make payments on behalf of the Central Government. The term shall also include a Head of Department or an Administrator where he himself discharges such function;
(xiii) “Ministry of Finance” means the Ministry of Finance of the Central Government;
(xiv) “Financial Year” means the year beginning on the ist of April and ending on the 3ist of March following;
(xv) “Government” means the Central Government;
(xvi) “Government Account” means the account relating to the Consolidated Fund, the Contingency Fund and the Public Account; as defined in these rules;
(xvii) “Head of the Department” means an authority or person (not below the rank of a Deputy Secretary to the Government of India), declared by the concerned Department in the Government of India as a Head of Department in relation to an identifiable establishment or establishments to exercise the delegated financial powers under these Rules;
(xvill) “Head of Office” means (a) a Gazetted Officer declared as such in the Delegation of Financial Powers Rules and (b) any other authority declared as such under any general or special orders of the competent authority;
(xix) “Local Body” means an authority legally entitled or specially empowered by Government to administer a local fund;
(xx) “Local Fund” means a local fund as defined in Rule 652 of the Treasury Rules;
(xxi) “Non-recurring expenditure” means expenditure other than recurring expenditure;
(xxii) “President” means the President of India;
(xxiii) “Primary unit of appropriation” means a primary unit of appropriation referred to in Rule 8 of the Delegation of Financial Powers Rules;
(xxiv) “Public Account” means the Public Account of India referred to in Article 266 (2) of the Constitution;
(xxv) “Public Works” means civil/ electrical works including public buildings, public services, transport infrastructure etc., both original and repair works and any other project, including — infrastructure which is for the use of general public;
(xxvi) “Re-appropriation” means. the transfer of funds from one primary unit of appropriation to another such unit;
(xxvii) “Recurring expenditure” means the expenditure which is incurred at periodical intervals for the same purpose. Expenditures other than recurring expenditure are non- recurring expenditure;
(xxviii) “Reserve Bank” means the Reserve Bank of India or any office or agency of the Reserve Bank of India and includes any Bank acting as the agent of the Reserve Bank of India in accordance with the provisions of the Reserve Bank of India Act, 1934 (Act Il of 1934);
(xxix) “Subordinate authority” means a Department of the Central Government or any _— authority subordinate to the President;
(xxx) “Treasury Rules” means the Treasury Rules of the Central Government;
(xxxi) CAPEX model: In the CAPEX Model, Capital expenditures is used by the buyer to straightway purchase goods followed by procurement of consumables, arranging comprehensive maintenance contract after warranty period and __ finally disposing the product after useful life;
(xxxii) OPEX model: In the OPEX model, the Seller provides the goods, maintains it and also provides the consumables as _ required and finally takes back the goods after useful / contracted life. The expenditure is made by the Buyer in a staggered manner as per the terms and conditions of the contract.
Rule 3 Interdepartmental consultations: When the subject of a case concerns more than one Department, no order shall be issued until all such Departments have concurred, or, failing such concurrence, a decision has been taken by or under the authority of the Cabinet. In this regard it is clarified that every case in which a decision, if taken in one Department, is likely to affect the transaction of business allotted to another Department, shall also be deemed to be a case which concerns more than one Department.
Rule 4 Departmental Regulations of financial character: All Departmental regulations, in so far as they embody orders or instructions of a financial character or have important financial bearing, must invariably be made by, or with the approval of the Ministry of Finance.
Rule 5 Removal of Doubts: Where a doubt arises as to the interpretation of any of the provisions of these Rules, the matter shall be referred to the Ministry of Finance for decision.
Rule 6 Modifications:
(i) The systems and procedures established by these Rules are subject to general or _ special instructions/ orders, which the Ministry of Finance may issue from time to time.
(ii) The systems and procedures established by these Rules may be modified by any other authority only with the express approval of the Ministry of Finance.
Read further: Click to view/download – Compilation of amendments in GFR, 2017 upto 31.07.2022
Subject:- General Financial Rules,2017-reg.
3. Hindi version will follow.
P R E F A C E
Read further: Click to view/download – Compilation of amendments in GFR, 2017 upto 31.07.2022
Click here to downloads GFR 2017 PDF 18 MB
| CONTENTS |
GENERAL FINANCIAL RULES 2017 Ministry of Finance Department of Expenditure |
TABLE OF CONTENTS
| Chapter No. | Name of the Chapter | |
| 1 | Introduction | |
| 2 | General System of Financial Management | |
| I. | General Principles relating to expenditure and payment of money |
|
| II. | Defalcation and losses | |
| III. | Submission of records & information | |
| 3 | Budget formulation and implementation. | |
| 4 | Government Accounts | |
| 5 | Works | |
| 6 | Procurement of Goods and Services | |
| I. | Procurement of Goods | |
| II. | Procurement of Services | |
| 7 | Inventory Management | |
| 8 | Contract Management | |
| 9 | Grants-in-aid and Loans | |
| 10 | Budgeting and Accounting for Externally Aided Projects | |
| 11 | Government Guarantees | |
| 12 | Miscellaneous Subjects | |
| I. | Establishment | |
| II. | Refund of revenue | |
| III. | Debt and misc. obligations of Govt. | |
| IV. | Security deposits | |
| V. | Transfer of land and buildings | |
| VI. | Charitable endowments and other trusts | |
| VII. | Local bodies | |
| VIII. | Maintenance of records | |
| IX. | Contingent and Miscellaneous Expenditure. | |
APPENDIX
| Appendix No. | Subject |
| 1 | Instructions for regulating the Enforcement of Responsibility for losses, etc., |
| 2 | Procedure for the preparation of Detailed Estimates of Receipts |
| 3 | Instructions for the preparation of Detailed Estimates of expenditure from the Consolidated Fund |
| 4 | Procedure for compilation of Detailed Demands for Grants |
| 5 | Procedure to be followed in connection with the Demands for Supplementary Grants |
| 6 | The Contingency Fund of India Rules |
| 7 | Transfer of Land and Buildings between the Union and State Governments |
| 8 | Charitable Endowments and other Trusts |
| 9 | Destruction of Office Records connected with Accounts. |
| 10 | Check against provision of funds |
| 11 | Formula for Price Variation Clause |
| 12 | Rates of Guarantee Fee |
FORMS
| Form Serial No. | Description |
| GFR 1 | Application for an Additional Appropriation |
| GFR 2 | Revenue Receipts |
| GFR 2 – A | Estimates of foreign grants |
| GFR 2 – B | Estimates of interest receipts and loan repayments |
| GFR 3 | Liability Register |
| GFR 3 – A | Liability Statement |
| GFR 4 | Statement of proposals for pre-budget discussions |
| GFR 5 | Register showing expenses by Heads of Account |
| GFR 6 | Broadsheet for watching receipt of account from Disbursing Officers 159 |
| GFR 7 | Compilation Sheet |
| GFR 8 | Consolidated Accounts |
| GFR 9 | Broadsheet for watching Receipt of the Returns from the Heads of Departments under a Department of the Central Government |
| GFR 10 | Report of Surplus, Obsolete and Unserviceable Stores for Disposal |
| GFR 11 | Sale Account |
| GFR 12 – A | Form of Utilization Certificate (Autonomous Bodies) |
| GFR 12 – B | Form of Utilization Certificate (For Loans) |
| GFR 12 – C | Form of Utilization Certificate (State Governments)) |
| GFR 13 | Statement of aggregate balance of loan(s) outstanding as on 31st March and details of defaults |
| GFR 14 | Form of Security Bond (Fidelity Bond Deposited as Security) |
| GFR 15 | Form of Written Undertaking to be executed by an Undertaking/ Corporation wholly owned by the Central Government at the time of sanctioning of a loan. |
| GFR 16 | Certificate of transfer of charge |
| GFR 16 – A | Joining Report |
| GFR 17 | Fidelity Guarantee Policy |
| GFR 18 | Accession Register |
| GFR 19 | Notice to borrower about the due date for repayment of loan and interest thereon |
| GFR 20 | Register of Policy Holder |
| GFR 21 | Register of Grants to be maintained by the sanctioning Authority. |
| GFR 22 | Register of Fixed Assets |
| GFR 23 | Stock Register of consumables such as Stationery, Chemicals, Spare parts etc. |
| GFR 24 | Register of Assets of Historical /Artistic value. |
| GFR 25 | Government Guarantees. |
| GFR 26 | Furnishing of data regarding Guarantees to Ministry of Finance. |
| CONCORDANCE TABLE |
COMMENTS
My suggestion is purchase SWAMY's HANDBOOK for Central Government Staff. It contained latest Government Order & Rules
please send me written of books latest order by central govt. Thanks.with regards, Anand mishra.
I am Government of India employee working with purchase division. I am not clear with the fact that it is mandatory to mention Delivery period in local purchase order under GFR 155 of 2017. Is LD clause applicable in this type of purchases?
Please clarify and oblige.
Regards,
BIPLAB MAZUMDER