Public Finance Management System Current Affairs, GK & News
The Government of India and the Asian Development Bank have recently signed an agreement under which the bank will provide 50 million USD of loan. It is a policy-based loan. The loan is to be utilised to improve financial management procedures, promote informed decision making, improve operational efficiencies that aim at achieving more fiscal savings ..
Category: Economy & Banking Current Affairs
On the occasion of Civil Accounts Day celebrated on March 1st, Shri Anthony Lianzuala, Controller General of Accounts (CGA) launched the following two functionalities of Public Finance Management System aimed at strengthening, monitoring and user interface: The Mobile App for monitoring Banks performance. PFMS –Dashboard. Public Finance Management System Public Finance Management System (PFMS) is ..
The Ministry of Skill Development and Entrepreneurship (MSDE) has issued new guidelines for Jan Shikshan Sansthans (JSS). The new guidelines are issued as part of an attempt by the MSDE to re-energize and reinvigorate the Jan Shikshan Sansthans. The highlights of these guidelines are: Alignment of JSS course and curriculum with National Skill Qualification Framework (NSQF) ..
Topics: Jan Shikshan Sansthans • Ministry of Human Resources Development • Ministry of Skill Development and Entrepreneurship • National Skill Qualification Framework • Public Finance Management System
The Union Government has made use of Public Finance Management System (PFMS) mandatory for all central schemes to ensure that benefits of government schemes reach the last mile. It will help monitor the flow of funds to beneficiaries of different government welfare schemes. So far total of 613 Central Sector Schemes are covered under PFMS having ..