PFMS An Overview by Arushi Sabharwal
PFMS An Overview by Arushi Sabharwal
PFMS An Overview by Arushi Sabharwal
Financial Management
System
PRESENTED BY : ARUSHI SABHARWAL(JKAS)
TEHSILDAR H.Q.A TO DEPUTY COMMISSIONER
UDHAMPUR (J&K)
•PFMS was initially started during 2009 as a Central Sector Scheme of Planning
Commission with the objective of tracking funds released under all Plan schemes of the
Government of India, and real time reporting of expenditure at all levels of Programme
implementation.
•Subsequently in the year 2013, the scope was enlarged to cover direct payment to
beneficiaries under both Plan and non-Plan Schemes.
• In 2017, the Government scrapped the distinction between plan and non-plan expenditure.