How are revenues received by the Government of India managed?
Revenues received by the Government of India are managed by being deposited into a consolidated fund titled "the Consolidated Fund of India." This fund includes all revenues received by the government, loans raised by issuing treasury bills, loans or ways and means advances, and moneys received in repayment of loans. Additionally, public moneys received by or on behalf of the Government of India are credited to a separate account titled "the Public Account of India." The appropriation of moneys from these funds is subject to the provisions of the constitution and must be done according to law for specific purposes.