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Universal roll-out of Public Financial Management System (PFMS) for Central Sector Schemes

News and Press Release - Dated:- 15-7-2016 - Hon ble Prime Minister has emphasized the need for improved financial management in implementation of Central Plan Schemes so as to facilitate Just-in-Time Releases and monitor the usage of funds including information on its ultimate utilization. The Department of Expenditure is administering the Public Financial Management System (PFMS), which is an end-to-end solution for processing payments, tracking, monitoring, accounting, reconciliation and repo .....

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