Punjab Cabinet Approves Directorate Merger to Save Rs 2.64 Crore Annually
Finance Department restructuring combines multiple directorates into three streamlined entities;
By : Palakshi
Update: 2025-06-26 15:32 GMT
The Punjab Cabinet, on Thursday approved the merger of various directorates under the Department of Finance.
The Directorates of Small Savings, Banking and Finance, and Lotteries will be merged and renamed as the Directorate of Small Savings, Banking and Lotteries. DPED and DFREI will be merged and renamed as the Directorate of Public Enterprises and Financial Resources.
The Directorates of Treasury and Accounts, Pensions and NPS will be merged into a single entity: Directorate of Treasury and Accounts, Pension and NPS. This restructuring is expected to save the state approximately Rs 2.64 crore annually.
