Meaning: GFRs are exhaustive set of rules and orders issued by the Indian Government that have to be adhered by all Departments and Organizations under the Government and specified Bodies except otherwise stipulated for in the Rules, when addressing the issues relating to financial nature, that is the Matters relating to Revenue and Expenditure of Government. GFRs includes all effects of Reforms introduced by the Government, for example, Introduction of Government e-Marketing Portal, Direct Benefit Schemes (DBS), etc.
