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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 .....

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rting. It provides the scheme managers a unified platform for tracking releases and monitoring their last mile utilization. Government has decided to universalise the use of PFMS to cover all transactions/payments under the Central Sector Schemes. Th .....

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plete universe of Central Sector Schemes, which inter-alia requires certain steps to be taken by each Ministry/ Department like bringing the Central Sector Schemes on the PFMS Platform, mandatory registration of Implementing Agencies receiving and ut .....

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