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  2. pfms.nic.in › SitePages › aboutusPFMS

    The Public Financial Management System (PFMS) is a web-based financial management application developed and implemented by the Controller General of Accounts (CGA), Department of Expenditure, Ministry of Finance, Government of India. PFMS – REAL TIME TRANSACTION SYSTEM.

    • What Is The Full Form of Pfms?
    • What Is Pfms?
    • Benefits of PFMS

    PFMS stands for Public Financial Management System. PFMS is engaged in channeling fund releases and planning schemes from the government of India. It proudly consists of more than 8,00,000 agencies (receiving fund releases) on its online portal. The planned outcome of this large scheme was to expand and include state-wise and scheme-wise fund relea...

    It is a magnificent initiative by the Public Financial Management reforms centre under the government of India. It performs various tasks like recording programs in the social sector and examining fund payout towards various projects and assignments. This scheme was prodigiously established by the Finance Minister of the government of India. The si...

    The benefits offered by PFMS are huge. They provide real-time welfare measures at the state level, district level, and all other tiers to the citizens of India: 1. Draft Sanction Modules are refashioned to reduce typing work, data entry works, and errors present while compounding important sanctions through this system. 2. Sanction orders granted t...

  3. pfms.nic.in › SitePages › indexKnow About PFMS?

    Know About PFMS? The primary objective of PFMS is to facilitate sound Public Financial Management System for Government of India (GoI) by establishing an efficient fund flow system as well as a payment cum accounting network.

  4. Mar 14, 2020 · The Public Financial Management System (PFMS), earlier known as Central Plan Schemes Monitoring System (CPSMS), is a web-based online software application developed and implemented by the Office of Controller General of Accounts (CGA), Ministry of Finance.

  5. 3 days ago · The Public Financial Management System (PFMS) is a web-based online software application developed and implemented by the Controller General of Accounts (CGA), Department of Expenditure, Ministry of Finance, Government of India.

  6. Dec 14, 2023 · The full form of PFMS is “Public Financial Management System”. It signifies a digital platform that aims to streamline financial processes, enhance transparency, and bring efficiency to government financial management.

  7. The Public Financial Management System (PFMS),earlier known as Central Plan Schemes Monitoring System (CPSMS), is a web-based online software application developed and implemented by the Office of Controller General of Accounts (CGA).