Pfms: Is a Government of

PFMS is a Government of India public financial management reforms initiative which monitors programs in the social sector and tracks funds disbursed. PFMS has gradually improved administration and management programme, reduction of float in the system, direct payment to beneficiaries and greater transparency and accountability in the use of public funds. Public Financial Management System ( PFMS ) is a financial management platform for all plan 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. It provides information across all plan schemes/ implementation agencies in the country on fund utilization leading to better ... PFMS accepts no responsibility in relation to the accuracy, completeness, usefulness or otherwise, of the contents. Users are advised to verify/check any information with the relevant Government department (s) and/or other source (s).