How are loans raised by the Government of India managed?
Loans raised by the Government of India are managed through various channels such as issuing treasury bills, loans, or ways and means advances. These moneys are then credited to the Consolidated Fund of India, which is one consolidated fund formed from all revenues received by the Government of India. No funds can be appropriated out of this consolidated fund except in accordance with law and for the purposes and in the manner provided in the constitution.