is a financial management platform for
Govt of India schemes
, a database of all recipient agencies, integration with core banking solution of banks handling plan funds, integration with State Treasuries and efficient and effective tracking of fund flow to the lowest level of implementation for plan scheme of the Government.
To provide information across all Govt. of India schemes/ implementation agencies in the country on fund utilization leading to better monitoring, review and decision support system to enhance public accountability in the implementation of plan schemes.
To result in effectiveness and economy in Public Finance Management through better cash management for Government transparency in public expenditure and real-time information on resource availability and utilization across schemes. The roll-out will also result in improved programme administration and management, reduction of float in the system, direct payment to beneficiaries and greater transparency and accountability in the use of public funds. The PFMS system is envisaged to become an important tool for improving governance.
PFMS Dashboard currently covers Following Areas:
Bank Performance Dashboard For PFMS.
Bank Ranking for Banks Integrated with PFMS.
Senior Management Dashboard.
PFMS Dashboard will function as a critical Decision Support System and provide input of the the critical KPIs with the ultimate aim of improving the performance and achieving better efficiency in meeting the objectives of prudent fiscal management and better exchequer control.