लोक �व�ीय प्रबंधन प्रणाल�

PUBLIC FINANCIAL MANAGEMENT SYSTEM

महालेखा�नयंत्रक
O/o Controller General of Accounts
व्यय �वभाग, �व� मंत्रालय, भारत सरकार
Dept. of Expenditure, Ministry of Finance, Government of India
 About PFMS
Public Financial Management System (PFMS)
earlier known as Central Plan Scheme Monitoring
System (CPSMS)
envisaged to track the fund disbursement from Govt. of
India to various levels down below under all Plan and
Non-Plan Schemes till the last level of utilization
report utilization under these schemes at different
levels of implementation
on a real time basis
 Objectives of PFMS

Monitoring of flow of funds from Centre to the lowest level

of implementation- both for fund flows to State
Consolidated Funds & to Implementing Agencies.

Registration, alongwith their bank accounts, of all agencies

receiving plan funds - at all tiers of operation.

Payment to ultimate beneficiaries through banking channel

 Objectives of PFMS
 Reduction of float/ funds in the agencies’ bank accounts

 “Just in time” provision of funds to agencies, based on

floats/ funds available.

 Capturing component-wise expenditure on real time basis

at all tiers of implementation, including Panchayat and
village levels
 Objectives of PFMS

Decision Support System (DSS) to all levels of

programme administration (Centre, State, District &
Local Government, i.e. Panchayat / Municipality)

Enhance transparency & accountability in public

expenditure.
Major achievements since inception
• PFMS has been fully implemented at Central level in respect of all Ministries/Departments for Central Plan
Schemes,
• except in case of civil ministries of External Affairs, Atomic Energy and Space and non-civil ministries of Railways,
Defence, Posts & Telecommunication.
• Total number of schemes CS – 679; CASP – 104
• PFMS has developed a real-time interface with the Core Banking Solution (CBS) of 90* banks, viz. all PSBs
(26 Nos.), 10 Private Sector Banks handling Government funds, all Regional Rural Banks, India Post and RBI .
• This facilitates online-real time transfer of funds from central ministries/ departments to state and UT Governments along with real
time Clearance Advice reports from RBI as well as DBT. Payments are made though following routes:
• ABPS & NACH of NPCI for DBT payments
• NEFT for PAO payments
• RBI route for IGAA/IAAA
• Payments processed per day
• 2015-16: >7 lakh
• 2016-17: >15 lakh
• Treasury Interface with the States with Centralised Server
• Complete MIS of sanctions, releases and allocations from Centre to States/UTs , implementing agencies, and
other recipients is available on PFMS.
Major achievements since inception (Cont..)
• More than 17 lakh agencies registered on PFMS.
• Average log-in on website – 20,000 per day
• PFMS is the single platform for payment, accounting, reporting, DBT.
• FY 2015-16 3.02 lakh sanctions : Rs4.09 lakh crore
• Reduction of float e.g MGNREGS -31.12.2013 Rs. 14,545 crores; 1.4.2016 Rs.66.71 crores
• Reduction in payment process turn around time
• Curbing leakages / duplicate payments eg. UP Government savings of Rs 520 crore p.a
• Improved MIS for better decision making
• Larger onboarding of Central / State schemes
• Utilisation Certificate module has been designed in PFMS which facilitates the
implementing agencies to generate and submit Utilisation Certificates online.
• Govt. of India has taken decision to upgrade PFMS as GIFMIS.
Interface with different Systems
• Bank Integration of PFMS with Core Banking Solution (CBS) complete in respect of 88
banks
• All Public Sector Banks, RRBs, major private banks, some cooperative banks, India Post and Reserve Bank
of India

• This facilitates,
• near real time bank account validation,
• fund transfer and
• access to view bank balances of implementing agencies.

• The system is configured to make e-payment using Digital Signature, Corporate Internet
Banking (CINB) and Payment Print Advice.
Interface with different Systems (Cont.)

• Linking of State Treasuries with the PFMS.

• PFMS is designed as a network-of-networks, as such it is able to interface and integrate

with existing MIS applications of different schemes.
• Integration with :
• MCTS of National Health Mission,
• OSMS of Minority Affairs,
• NSAP-MIS of Rural development,
• Scholarship System of Canara Bank for UGC,
• UP Social Welfare/ Scholarship Portal,
• Ethibak Application of Maharashtra for subsidy payment,
• Kanyashree Online Portal of West Bengal,
• Integrated with accounting software for National Health Mission
Who are using PFMS
Dept. of Expenditure as owner of project

O/o Controller General of Accounts as implementing Agency

Program Divisions in Ministries as Scheme Owner

PAO/DDOs as fund release and accounting entity

RBI as banker to the Centre and State governments

State Finance and other Departments

Treasuries payment units of state governments

Banks (including RRBs and Coop Banks)

Post Offices

NPCI, IDRBT as intermediaries in financial transaction settlement system

Scheme Implementing Agencies at all levels

Comptroller and Auditor General as external auditor

Beneficiaries to know complete view of benefits received by them

 Different Stakeholders
Consolidated
Fund of India Ministry of Finance, Central Ministries
Government of India and Departments
Reserve
Bank of
India
(RBI) Directorate of Finance
State Accountant
Consolidated Treasuries & Department
Departments General
Fund of State Accounts of State

State Bank of India

Drawing
Treasuries &
Disbursin
g Officers
Sub- Treasuries

Disbursing Public Sector Banks, Pvt Sector Banks, Regional Rural Banks & Co-operative Banks

Local Bodies
Activities on PFMS
Agency Registration & Management

User Management

Sanction generation (release

of funds from GOI)

E-payment

Fund management

Utilization Certificate submission &

monitoring
Monitoring performance of Banks/ Post
office w.r.t. timely Payments

Direct Beneficiary Transfer

NTRP (Bharatkosh)
 PFMS–CBS INTEGRATION
Account Validation Response
Daily Transaction Data Origination

Response
PFMS-CBS
PFMS Application Interface

Cycle Period
Near Real Time
Confirmation of Account
validation
Bank CBS System
 PFMS - Treasury Interface
Connected via
Internet

PFMS Treasury

XML Treasury SFTP

PFMS Data Treasury
PFMS Database Middleware server Database

• The work on linking of State Treasuries with the PFMS complete in respect of 10 States -
Treasury integration with other states and UT with Legislature is in progress.

FS has recently addressed a letter to all the Chief Secretaries to expedite the treasury interface with PFMS
Treasury Report from Treasury PFMS Interface : Maharashtra (Cont..)
Treasury Report from Treasury PFMS Interface : Assam
Reports Available for MIS Purpose
Payment to Beneficiary through State Treasury
Individual can see transaction details without any
login ID on PFMS Portal
Individual can see transaction details without any login on PFMS
(Cont…) By Aadhar
OBJECTIVE OF EXPENDITURE FILING
Tracking of flow of funds from Centre to the lowest
level of implementation- both under SPV & Treasury
route.
On line information on bank balances to facilitate
“Just in time” provision of funds to implementing
agencies.
Real time data on fund utilization : bank reconciled &
transaction based
Decision Support System (DSS) for all levels of
program administration
Enhance transparency & accountability in public
expenditure.
Dissemination of financial information to citizens.
Steps involved in Expenditure filing
1, Log in to PFMS with log in and password
2. Create Maker and Checker
3. Entering of Opening Balance as per Cash Book
4. Receipts of funds from different sources.
5. Transfer of fund to other agencies
6. Advances to venders, beneficiaries & staff
7. Expenditure incurred by self or third party.
EXPENDITURE FILING MODULES
• EXPENDITURE FILING CONTAINS THE FOLLOWING
MODULES/MENUS:-

1.MY FUND
2.TRANSFER
3.ADVANCE
4.EXPENDITURE
5.BANK
6.MISC.DEDUCTION
2. Receipt of Funds
• Funds are received by the agency from different sources such as :
• Central Government
• Other Agency such as State Society, District Agency, etc
• Returned by other agencies
• State Government
• Interest Income
• Income from other sources MINISTRY
SCREEN SHOT-
PLEASE CLICK ON SANCTION NUMBER
 Govt. of India
(Ministries / Departments)

States
Regd.Societies, PSUs, Local
Bodies, Individuals etc

District District District

Blocks Blocks

Panchayat

Villages Villages
AGENCY REGISTRATION
DEFINING FUND FLOW HIERARCHY
MAPPING SCHEME COMPONENTS
REGISTRATION PROCESS
Village Org.
VOs
Cluster Level Orgn
CLOs
Block Level Village Org.
Agencies BMMUs VOs
DMMU Registers
Cluster Level Orgn
Block Level
CLOs
Agencies BMMUs
Block Level
Agencies BMMUs
SMMU Registers
District Level
Agencies (DMMU)
Block Level Village Org.
Agencies BMMUs
DMMU Registers VOs
Cluster Level Orgn
Block Level
CLOs
Agencies BMMUs
Block Level Village Org.
Agencies BMMUs VOs
Cluster Level Orgn
CLOs