General Financial Rules (GFR) 2017 – Rule-wise Summary
Chapter 1 – Introduction (Rules 1–6)
Rule 1 – Short title, commencement, and application.
Rule 2 – Definitions of important terms.
Rule 3 – Application of GFR to all Ministries/Departments.
Rule 4 – Applicability to autonomous bodies unless exempted.
Rule 5 – Exceptions by Ministry of Finance (MoF).
Rule 6 – Interpretation authority lies with MoF.
Chapter 2 – General System of Financial Management (Rules 7–35)
Rule 7 – Responsibility of Government servants for financial propriety.
Rule 8 – Avoidance of extravagance and waste.
Rule 9–13 – Standards of financial propriety.
Rule 14–17 – Expenditure should be within authority, sanction, and budget.
Rule 18–22 – Receipts must be correctly assessed and credited.
Rule 23–25 – Refund of revenues.
Rule 26–27 – Contributions, recoveries, and adjustments.
Rule 28–32 – Handling of losses and write-offs.
Rule 33–35 – Responsibility for recoveries and record maintenance.
Chapter 3 – Budget Formulation and Implementation (Rules 36–83)
Rule 36–38 – Preparation of budget estimates.
Rule 39–42 – Submission of budget proposals.
Rule 43–44 – Revised estimates.
Rule 45–47 – Classification of expenditure.
Rule 48–51 – New Service/New Instrument of Service.
Rule 52–56 – Supplementary and excess grants.
Rule 57–61 – Re-appropriation of funds.
Rule 62–65 – Surrender of savings.
Rule 66–70 – Re-distribution of funds.
Rule 71–74 – Outcome budgeting.
Rule 75–78 – Monitoring of budget implementation.
Rule 79–83 – Reconciliation with accounts.
Chapter 4 – Government Accounts (Rules 84–101)
Rule 84–88 – Principles of government accounting.
Rule 89–92 – Classification of transactions.
Rule 93–95 – Reconciliation of departmental figures with accounts.
Rule 96–98 – Treatment of debt, deposits, remittances.
Rule 99–101 – Preparation of Appropriation and Finance Accounts.
Chapter 5 – Works (Rules 102–125)
Rule 102–104 – Administrative approval and expenditure sanction.
Rule 105–107 – Technical sanction.
Rule 108–110 – Estimates preparation.
Rule 111–113 – Work orders and execution.
Rule 114–118 – Tenders, quotations, and acceptance.
Rule 119–122 – Measurement and supervision.
Rule 123–125 – Completion reports and accounts of works.
Chapter 6 – Procurement of Goods and Services (Rules 126–185)
Rule 126–130 – General principles of procurement.
Rule 131–135 – Purchase without quotation (■25,000; updated to ■2 lakh for research).
Rule 136–138 – Local purchase procedure.
Rule 139–142 – Limited Tender Enquiry (LTE).
Rule 143–146 – Advertised/Open Tender Enquiry.
Rule 147–149 – Global Tender Enquiry.
Rule 150–153 – Procurement through GeM & rate contracts.
Rule 154–161 – Direct purchase limits & bidding.
Rule 162–170 – Procurement of services.
Rule 171–176 – Evaluation of bids.
Rule 177–185 – Award of contract, performance security, contract monitoring.
Chapter 7 – Inventory Management (Rules 186–221)
Rule 186–189 – Receipt and custody of stores.
Rule 190–194 – Issue of stores.
Rule 195–200 – Stock accounts and registers.
Rule 201–204 – Physical verification.
Rule 205–210 – Transfer and lending of stores.
Rule 211–215 – Disposal of surplus/unserviceable stores.
Rule 216–221 – Maintenance of Asset Register.
Chapter 8 – Contract Management (Rules 222–237)
Rule 222–225 – General principles for contracts.
Rule 226–228 – Tender documents and bidding.
Rule 229–230 – Conditions in contracts.
Rule 231–234 – Performance security and guarantees.
Rule 235–237 – Monitoring, amendment, and termination.
Chapter 9 – Grants-in-Aid and Loans (Rules 238–258)
Rule 238–240 – General principles of grants.
Rule 241–244 – Terms and conditions of grants.
Rule 245–246 – Accounts and records by grantee institutions.
Rule 247–250 – Submission and audit of Utilisation Certificates (UCs).
Rule 251–254 – Loans sanction, repayment schedule.
Rule 255–258 – Interest-free loans and recoveries.
Chapter 10 – Externally Aided Projects (Rules 259–267)
Rule 259–262 – Accounting of foreign aid receipts.
Rule 263–265 – Budgeting of externally aided projects.
Rule 266–267 – Reporting and reconciliation.
Chapter 11 – Government Guarantees (Rules 268–275)
Rule 268–270 – General conditions for issuing guarantees.
Rule 271–273 – Levy, recovery of guarantee fee.
Rule 274–275 – Monitoring of guarantees.
Chapter 12 – Miscellaneous Subjects (Rules 276–308)
Rule 276–278 – Honoraria and special allowances.
Rule 279–283 – Employment of consultants.
Rule 284–286 – Security deposits and earnest money.
Rule 287–289 – Refund of revenues.
Rule 290–294 – Write-off of irrecoverable losses.
Rule 295–297 – Transfer of land and buildings.
Rule 298–301 – Trusts, endowments, and charitable institutions.
Rule 302–304 – Destruction of records.
Rule 305–308 – Contingent expenditure.