Public Finance Management System Current Affairs, GK & News

West Bengal Public Finance Management Investment Programme: Key Facts

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 ..

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Strengthening of the PFMS

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 ..

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New norms for Jan Shikshan Sansthans

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) ..

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Government makes use of Public Finance Management System mandatory for central schemes

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 ..

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