लोक वित्तीय प्रबंधन प्रणाली

PUBLIC FINANCIAL MANAGEMENT SYSTEM

REAT through PFMS

महालेखानियंत्रक
O/o Controller General of Accounts
व्यय विभाग, वित्त मंत्रालय, भारत सरकार
Dept. of Expenditure, Ministry of Finance, Government of India
PFMS Login Page (pfms.nic.in)
 About PFMS

 PFMS is a Central Sector Scheme of the M/o. Finance, Dept. of

Expenditure.
 Implemented by the O/o. the Controller General of Accounts (CGA).
 envisaged to track the fund disbursement from Govt. of India to various
levels down below under all Schemes till the last level of utilization
 report utilization under these schemes at different levels of
implementation
 On a real time basis
 Technical support viz. application development, database administration,
hosting of portal, etc is provided by NIC.
 Objectives:
 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, along with their bank accounts, of all agencies receiving funds - at all tiers of
operation.
 Payment to ultimate beneficiaries through banking channel
 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.
 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.
  Complete tracking of funds upto end beneficiary;
 Just in time transfer of funds;

To achieve these objectives:-

Mandate for  Registration of Programme Implementing Agencies(PIAs) for CS and

CSS;
PFMS  Integration with treasury systems of State Governments;
 Implementation of Expenditure, Advance and Transfer(EAT) module
in respect of PIAs;
 DBT payments for GoI Schemes;
 Integration with all banks.

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Advantages of PFMS

 PFMS is a web based software – no requirement of any hardware or

software
 It is not platform specific – works on all operating system
 Transfer funds directly to beneficiaries bank account
 Monitor the float at various levels
 Monitor component/activity wise expenditure incurred by Implementing
Agencies

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PFMS – Financial network of stakeholders

Beneficiaries Banks

Program
Implementing RBI

PFMS
Agencies

Scheme Domain
India Post
Systems

State TreasuriesCentral Ministries

PFMS based Fund Flow for GoI Schemes
CS Schemes/ Other
CSS Schemes and other Grants to State Govt.
Central Exp.

State
Ministry RBI Consolidated PFMS – State
Fund Treasury
Integration
Central Schemes State Schemes

PFMS
State State Implementing
Central Agency
Treasuries
Agency Level 1
Level 1
Central State Implementing
Agency Agency
Level 2 Level 2
Vendors/
Central Employees/
PRI/ State Implementing
Agency Beneficiaries
ULB Agency
Level 3 Level 3
Major achievements since inception

• PFMS has been fully implemented at Central level in all Ministries/Departments

for all Schemes,
• except in case of civil ministries of External Affairs, Atomic Energy and Space
and non-civil ministries of Railways, Defence, Posts & Telecommunication.
• All transfers to State Governments through Inter Government Adjustment Advices
(IGAA) to RBI are being routed online through PFMS.
• This facilitates online-real time transfer of funds from Central Ministries/
Departments to State and UT Governments along with real time Clearance Memo
reports from RBI.
• Complete MIS of sanctions, releases, and allocations from Centre to States/UTs,
implementing agencies, and other recipients is available on PFMS .
Interface with different Systems
• PFMS integrated with Core Banking Solution (CBS) of all Public Sector
Banks, RRBs, major private banks, Gramin Banks, Co-operative banks, India
Post and Reserve Bank of India
This facilitates:
• near real time bank account validation,
• payment gateway for GoI and Agencies
• access to view bank balances/float of implementing agencies.
• The system is configured to make e-payment using Digital Signature,
Corporate Internet Banking (CINB) and Payment Print Advice.
• PFMS also has interface with various MIS of Ministries/Dept. and DBT
Bharat.
 PFMS–CBS INTEGRATION
Account Validation Response
Daily Transaction Data

PFMS-CBS
PFMS Application Interface

Cycle Period
Near Real Time
Confirmation of Account
Validation of Contesting
Candidate/ Transaction by Bank CBS System
Contesting Candidate
 Central Sector Schemes : Fund released
directly to Implementing Agencies
Types of GoI
Schemes Centrally Sponsored Schemes: Fund released
to the State Treasury/State Consolidated Fund.
 • Registration of Implementing Agencies on
PFMS with their bank account.
• 1st Level implementing agencies are
registered by the Program Division.
• 2nd and subsequent level implementing
Central Sector agencies are registered by parent agencies as
Schemes per the hierarchy level.
• Schemes are to be configured i.e. hierarchy,
components, etc. by the Program Division to
facilitate the Implementing Agencies in
using REAT modules.
 • In order to monitor the component-wise
expenditure incurred under a Centrally Sponsored
Scheme:
• 1st Level implementing agencies of States are
Centrally registered by the Program Division.
Sponsored • 2nd and subsequent level implementing agencies
Schemes are registered by parent agencies as per the
hierarchy level.
• Schemes are to be configured i.e. hierarchy,
components, etc. by the Program Division to
facilitate the Implementing Agencies in using
EAT modules.
 • Facilitates capturing receipt, use/flow of
funds.
Receipt, • Facilitates e-payments to vendors of a PIA
Expenditure, using PFMS.
Advance, • All four major modules i.e. Receipt,
Transfer Expenditure, Advance & Transfer module
are captured.
(REAT)
• Complete profile of transactions at
Module consolidated-agency level is available.
 • Registration of 1st Level Agencies by P.D
and child agencies by parent agency.
• Creation of Data Operator and Data
Approver.
• Account activation for e-payment.
Steps • Bank account component mapping
• DSC enrolment & signatory configuration
• Entering of Opening Balance
• Receipts of funds.
• Creation of Venders & beneficiaries
 • PFMS has established State Project Management Unit
(SPMU) in all the states and UTs for assisting various
Implementing Agencies and Departments of State Govt.
in implementation of PFMS.
• We have a dedicated team for providing necessary
assistance and hand holding.
SPMU • SPMUs are headed by State Nodal Officers & Asst.
State Nodal Officers
• Contact and Necessary Link:
PFMS Home Page->Help Desk -> Central HelpDesk->
State wise list of Sr.AO/AO/AAO posted in SPMU
Link:
https://pfms.nic.in/static/NewLayoutCommonContent.aspx?RequestP
agename=static/HelpdeskHome.aspx
 Thank you !
धन्यवाद !
PFMS Project Cell
O/o. CGA

pfms.nic.in