PUBLIC FINANCE AND CIVIL SERVICES

The currency needs to be distributed among the people of the country to put the economy in its gains and reduce local and global tensions which may be repercussions of the scared funds available in any economy. The financial inclusion is one of the growth factors that will add on to the quality of life of all sections of the society. This financial inclusion needs to be adequately regulated by the public agencies so that the benefits of it could be reached to the poorest of the poor.

The last person of the society will definitely gain if the financial institutions are better regulated, properly managed and have an outlook for sustainable gains. The government which is occupied by the civil services controls the financial aspects of the economy as well. Into this domain the Reserve Bank of India has personnel from the Ministry of Finance to its director’s body which shapes the monetary policy of the Reserve Bank of India which makes it a balanced policy and is of prime importance, so that, the unbiased nature of distribution of funds may occur into the society and all may gain from it.

Advocate Ranjeet Singh