Thursday, November 23 2017

October 28, 2017

PFMS will help monitor the flow of funds to beneficiaries

Mandatory use of Public Finance Management System, PFMS will help monitor the flow of funds to beneficiaries of different government welfare schemes.said union Finance Minister Arun Jaitley.He said, due to the monitoring of funds, one can know the actual status of utilisation of funds by the multiple implementing agencies of the central and state governments.Jaitley also talked about implementation of various schemes through Direct Benefit Transfer mechanism