Para 1.4.5 — CAM
Original Rule Text
1.4.5 The coverage of PFMS platform is to all central government schemes. It is therefore, also serving as a database of all recipient agencies, and has been integrated with the core banking systems of the banks, and the State Treasuries. This enables an efficient and effective tracking of fund flows to the lowest tier/beneficiary of the Government schemes. PFMS has also developed useful reports to provide information across all schemes/ implementing agencies on fund utilization, leading to better monitoring, review, decision support system and enhanced public accountability. PFMS has substantially enhanced the efficiency in Public Finance Management, including in robust cash management and real-time information on resource availability and utilization across schemes.