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Creation of Indian Civil Accounts Service (ICAS) a huge reform in the Public Financial Administration in the country says Controller General of Accounts (CGA) Ms Archana Nigam at the 41st Civil Accounts Day held yesterday March 01 2017

News and Press Release - Dated:- 2-3-2017 - 98% of total payments of the Government in value terms and 95% in volume terms have been routed through the e-payment mode The Public Financial Management System (PFMS) has helped the Government to effectively monitor utilization of funds transferred to States and implementing agencies Smt. Archana Nigam, Controller General of Accounts (CGA), said that creation of Indian Civil Accounts Service was a huge reform in the Public Financial Administration in .....

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f his responsibility of compiling the Accounts of the Union Government. For discharging the payment, accounting and internal audit function in the Union Government, the Office of the CGA was set up in the Ministry of Finance, Dept. of Expenditure with its field formations in line Ministries/ Departments. The highlights of the deliberations held on this occasion are as follows: - Last year at the 40th Civil Accounts Day function, the Hon ble President of India was the Chief Guest at the Inaugural .....

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d payments. Presently, over 95% of total tax revenues are through electronic mode. In financial year 2016-17 so far, Government payments to the tune of ₹ 5.95 lakh crore (out of the total payment of ₹ 6.05 lakh crore) were routed through the electronic mode. 98% of total payments of the Government in value terms and 95% in volume terms have been routed through the e-payment mode. The online Non Tax Receipts Portal (NTRP) that enables a citizen or a corporate entity to make online pay .....

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ional priority schemes, through Direct Benefit Transfer (DBT). Beneficiaries of these schemes now receive funds directly into their bank accounts at the local level. Consequently, there has been significant reduction in leakages and increase in savings to the Government. Benefits of automation in the payment processes have led to further improvements in financial reporting and accounting. All PAOs of Central Civil Ministries/ Departments are already on board PFMS. Significant headway has also be .....

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