List of Abbreviations

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Published on December 19, 2024

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List of Abbreviations

AI	Artificial Intelligence
AICPI-IW	All-India Consumer Price Index for Industrial Workers
ATB	Auction Treasury Bill
BBR	Budget Balance Rules
BE	Budget Estimate
BETA	Budget Execution Technique Automation
BPL	Below Poverty Line
CAG	Comptroller and Auditor General
CGA	Controller General of Accounts
CGST	Central Goods and Services Tax
CMU	Cash Management Unit
CO	Capital Outlay
CSF	Consolidated Sinking Fund
CSS	Centrally Sponsored Scheme
CV	Coefficient of Variation
DA	Dearness Allowance
DB	Defined Benefit
DBT	Direct Benefit Transfer
DC	Defined Contribution
DGI	Data Gaps Initiative
DISCOM	Distribution Company
FC-XIII	Thirteenth Finance Commission
FC-XIV	Fourteenth Finance Commission
FC-XV	Fifteenth Finance Commission
FI	Financial Institution
FMC	Finance Monitoring Committee
FRBM	Fiscal Responsibility and Budget Management
FRL	Fiscal Responsibility Legislation
GDP	Gross Domestic Product
GeM	Government e-Marketplace
GFD	Gross Fiscal Deficit
GFSM	Government Finance Statistics Manual
GIC	General Insurance Corporation
GIS	Geographic Information System
GoI	Government of India
GPS	Guaranteed Pension Scheme
GRF	Guarantee Redemption Fund
GRIT	Gujarat State Institution for Transformation
GSDP	Gross State Domestic Product
GST	Goods and Services Tax
GSTN	Goods and Services Tax Network
IMF	International Monetary Fund
IP	Interest Payment
ITB	Intermediate Treasury Bill
JAM	Jan Dhan, Aadhar, and Mobile
JITFS	Just-in-Time Funding System
KALIA	Krushak Assistance for Livelihood and Income Augmentation
KSPPC	Karnataka State Policy and Planning Commission
LIC	Life Insurance Corporation
MITRA	Maharashtra Institution for Transformation
MPRNA	Madhya Pradesh Rajya NITI Aayog
MSME	Micro, Small and Medium Enterprise
MTEF	Medium-Term Expenditure Framework
MTFP	Medium-Term Fiscal Policy
NABARD	National Bank for Agriculture and Rural Development
NBC	Net Borrowing Ceiling
NCDC	National Cooperative Development Corporation
NITI	National Institution for Transforming India
NPS	National Pension System
NSO	National Statistical Office
NSSF	National Small Saving Fund
OD	Overdraft
OFRBMA	Odisha Fiscal Responsibility and Budget Management Act
OPS	Old Pension Scheme
PA	Provisional Account
PD	Primary Deficit
PEFA	Public Expenditure and Financial Accountability
PF	Provident Fund
PFM	Public Financial Management
PFMS	Public Financial Management System
PFRDA	Pension Fund Regulatory and Development Authority
PIB	Press Information Bureau
PPP	Public Private Partnership
QR	Quick Response
R&D	Research and Development
RBI	Reserve Bank of India
RD	Revenue Deficit
RE	Revised Estimate
RECO	Revenue Expenditure to Capital Outlay
RR	Revenue Receipt
SBI	State Bank of India
SDF	Special Drawing Facility
SDG	Sustainable Development Goal
SETU	State Institute for Empowering and Transforming Uttarakhand
SFC	State Finance Commission
SGS	State Government Security
SGST	State Goods and Services Tax
SITA	State Institution for Transformation Aayog
SNA	Single Nodal Agency
SOTR	States’ Own Tax Revenue
STC	State Transformation Commission
SVAR	Structural Vector Autoregressive
TANGEDCO	Tamil Nadu Generation and Distribution Corporation
UDAY	Ujwal DISCOM Assurance Yojana
UPS	Unified Pension Scheme
UT	Union Territory
VAT	Value-Added Tax
WAS	Weighted Average Spread
WAY	Weighted Average Yield
WMA	Ways and Means Advance