New Public Account for Delhi's Funds Established by Central Government

Introduction of a New Public Account

For the first time, the central government has announced January 9 as the date when all public funds received by the Lieutenant Governor (LG) of Delhi will be deposited into a designated public account. This move formalizes the accounting framework for such funds in the National Capital Territory (NCT).

Legal Framework and Notification

This decision is made under the powers granted by subsection (1) of section 46A of the Delhi National Capital Territory Act, 1991, as exercised by the Ministry of Home Affairs (MHA). The notification issued on January 2 specifies the establishment and operation of a public account referred to as the 'Capital Public Account.' Starting January 9, all 'other public funds' received by the LG or on their behalf will be mandatorily deposited into this newly designated account. The term 'other public funds' broadly encompasses resources that are not part of the consolidated fund but are received in the course of public authority operations, including certain deposits, remittances, and receipts managed under the LG's authority.

Implementation Timeline

According to the notification, the central government has designated January 9, 2026, as the date from which all other public funds received by the LG or on their behalf will be deposited into the public account known as the 'Capital Public Account.'