He was speaking at a function to launch the mandatory use of PFMS for all Central Sector Schemes (CSS), which have a budgetary outlay of Rs 6,66,644 crore. With the capability of providing real time ...

With an objective of bringing in transformational accountability and transparency and to further promote good governance, the Indian government envisioned Public Financial Management System (PFMS). By ...

NEW DELHI: Union finance minister Nirmala Sitharaman on Saturday lauded the role of the Public Financial Management System ...

The Narendra Modi Government has centralised the entire subsidy transfer through DBT system and for that there is Public Management Financial System that handles the entire money transfer system ...

The Office of Controller General of Accounts (CGA) on Thursday organised a workshop here on “Public Finance Management System (PFMS)” to generate awareness among the officials on the functioning and ...

In a major initiative aimed at ensuring transparency, the Panchayati Raj department of Uttarakhand has decided that all payments by Panchayats would be made online from the Public Finance Management ...

COIMBATORE: The UGC has directed universities to register themselves with the Public Finance Management System (PFMS) so that grants can be credited directly to their bank accounts under the Direct ...

Governance in India has long been marred with structural challenges like transparency, lack of accountability and sustainable and inclusive growth. Since independence, some of these challenges proved ...

New Delhi, Oct 27 () Finance Minister Arun Jaitley today said the mandatory use of Public Finance Management System (PFMS) will help monitor the flow of funds to beneficiaries of different government ...