PFMS - Public Financial Management System - Hasim Hub

PFMS - Public Financial Management System - Hasim Hub

Introduction To PFMS - Public Financial Management System

The Public Financial Management System (PFMS) Is A Web-Based On-Line Software Program Software Developed And Applied Via The Controller General Of Accounts (CGA), Department Of Expenditure, Ministry Of Finance, Government Of India.


PFMS Started Out At Some Stage In 2009 With The Goal Of Monitoring Cash Launched Underneath All Plan Schemes Of Government Of India, And Actual Time Reporting Of Expenditure At All Tiers Of Programme Implementation. Subsequently, The Scope Used To Be Enlarged To Cowl Direct Price To Beneficiaries Underneath All Schemes.


Gradually, It Has Been Envisaged That Digitization Of Bills Shall Be Executed Thru PFMS And Establishing With Pay &Amp; Accounts Offices Payments, The O/O CGA Did In Addition Fee Addition With The Aid Of Bringing In Greater Economic Things To Do Of The Government Of India In The Ambit Of PFMS. The Outputs / Deliverables For The A Range Of Modes / Features Of PFMS Consist Of (But Are No Longer Constrained To):


  • Payment & Exchequer Control
  • Accounting Of Receipts (Tax & Non-Tax)
  • Compilation Of Accounts And Preparation Of Fiscal Reports
  • Integration With Financial Management Systems Of States


The Most Important Feature Of PFMS These Days Is To Facilitate Sound Public Financial Management System For Government Of India By Way Of Setting Up An Environment Friendly Fund Glide Machine As Properly As A Price Cum Accounting Network. PFMS Affords More Than A Few Stakeholders With A Actual Time, Dependable And Significant Administration Records Machine And An Tremendous Choice Assist System, As Phase Of The Digital India Initiative Of Government Of India.


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PFMS Has Hooked Up Interface With The Treasury Structures Of All The 28 States And The Two Union Territories With Legislatures. This Helps Alternate Of Statistics Related To Budget, Allocation And Expenditure In Opposition To The Central Switch Of Dollars For Centrally Sponsored Schemes Of The Government Of India.


As The Spine Of The Fee Device Of The Government Of India, PFMS Is Built-In With The Core Banking Machine In The Country, And Hence, Has The Special Functionality To First Validate The Account Earlier Than Pushing On-Line Payments To Nearly Each Beneficiary/Vendor. At Present, PFMS Has Interface With The Core Banking System (CBS) Of Over 300 Banks, Inclusive Of All Public Sector Banks, All Regional Rural Banks, Predominant Non-Public Quarter Banks, Reserve Bank Of India, India Publish And Cooperative Banks. With Time, The Integration Has To Turn Out To Be Universal, I.E. Interface Is To Be Set Up With All The Banks Running In India. Interface With The National Payments Corporation Of India (NPCI) Has Additionally Been Developed That Enables Validation For Aadhaar-Linked Payments.


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PFMS Is Additionally The Channel For Payment, Accounting And Reporting Below Direct Benefit Transfer. As Such, Each And Every Department/Ministry Of Government Of India Transfers Dollars Electronically To Beneficiary (Individual Or Institution) Thru PFMS. Further, State Governments And The Implementing Agencies Switch The Money Elements To Beneficiaries Via PFMS. To Facilitate The Above, PFMS Has Interface With Over Fifty Beneficiary Administration Applications/Systems Of Extraordinary Ministries And Departments, Such As PM-KISAN, NSAP, Mnregasoft, MCTS, Awassoft And Kanyashree.


PFMS Was Once Developed The Use Of An Structure Which Used To Be Envisaged In 2009, And As Greater Functionalities Have Been Brought Over The Final Few Years, Alongside With The Ever Growing Depth And Width Of Its Operations, PFMS Faces Challenges Of Scalability And Performance.


In This Background, The O/O CGA Intends To Radically Change The Cutting-Edge PFMS Device Into PFMS Two With Devoted Focal Point On Method And Person Trip Improvements, Including Greater Performance In Core Useful Areas And Pressure Stop To Cease Digital Journey On The Platform To Serve All The Stakeholders Scale To Tomorrows Wishes And Operate Better For Height And Non-Peak Loads. It Is Envisaged To Tackle The Following Predominant Technical Areas:


  • Hyper-Stability And Scalability And Hybrid Cloud
  • Sharding Primarily Based Database Architecture
  • A Complete Datawarehouse And Data Cleansing
  • AI, ML, Deep Getting To Know And Predictability Framework
  • Fraud Analytics
  • High Latency, Low Bandwidth Region Operations With Offline Submitting Tools And App Virtualisation
  • Mobility Platform, Bots And Blockchain
  • Single Sign On (SSO) Between Applications
  • An Open API Framework For Integration


Comprehensive PKI Infrastructure &Amp; Digital Signing Solution. Hardware Security Module (HSM) Integration For Administration Of Cryptographic Keys And Statistics Privateness And Protection

Comprehensive Content Material Administration Framework To Allow Paperless Workplace (To Keep PDF, XML, JPG Kind Content) With Capacity To Digitize Content Material Keep In “Digitized Content”


  • Comprehensive DR And BCP Method And Drills Components Of Process
  • Comprehensive Facts Classification And Privateness Framework
  • Comprehensive Cyber Protection Framework
  • Comprehensive Trying Out Framework (Unit, Black Box, White Box, Load And Performance)


PFMS Two Is Envisaged To Be An Effective, Engaging, Productive And Environment Friendly Platform Developed Via Strategies Such As Design Thinking &Amp; Persona Based Totally Consumer Journeys.



(PFMS) At The Start Start Out As A Plan Schemes Name CPSMS Of The Plannings Commission In 2008-09 As A Pilot In 4 States Of Madhya Pradesh, Bihar, Punjab And Mizoram For 4 Flagship Scheme E.G. MGNREGS, NRHM, SSA And PMGSY. After The Preliminary Section Of Setting Up A Community Throughout Ministries / Departments, It Has Been Determined To Undertake National Rollout Of CPSMS (PFMS) To Hyperlink The Economic Networks Of Central, State Governments And The Companies Of State Governments. The Scheme Used To Be Covered In Twelfth Plan Initiative Of Planning Commission And Ministry Of Finance.


In December 2013 The Union Cabinet Authorised The Countrywide Roll Out Of PFMS For All States And Schemes For A Length Of 4 Years Until 2017 As Follows:


(I) Total Outlay Of The Scheme To Be Carried Out Thru The O/O CGA Would Be No Longer Extra Than Rs. 1080 Crore.
(Ii) Four Tiered Assignment Enterprise Shape Viz.
I. Project Implementation Committee (PIC) At Apex Level
II. The Central Project Management Unit (CPMU) At Centre
III. State Projects Managements Unit (SPMU) At State Level
IV. District Project Management Unit (DPMU) At District Stage To Be Manned Via Outsourcing



The Mandate Given To PFMS By Way Of Cabinet Selection Is To Provide:

  • A Monetary Administration Platform For All Design Schemes, A Database Of All Recipient Agencies, Integration With Core Banking Answer Of Banks Coping With Layout Funds, Integration With State Treasuries And Environment Friendly And Advantageous Monitoring Of Fund Go With The Flow To The Lowest Stage Of Implementation For Layout Scheme Of The Government.
  • To Supply Facts Throughout All Diagram Schemes/ Implementation Corporations In The U . S . A . On Fund Utilization Main To Higher Monitoring, Evaluation And Choice Assist Device To Decorate Public Accountability In The Implementation Of Format Schemes.
  • To End Result In Effectiveness And Financial System In Public Finance Management Thru Higher Money Administration For Government Transparency In Public Expenditure And Real-Time Data On Useful Resource Availability And Utilization Throughout Schemes. The Roll-Out Will Additionally End Result In Accelerated Programme Administration And Management, Discount Of Drift In The System, Direct Charge To Beneficiaries And Higher Transparency And Accountability In The Use Of Public Funds. The Proposed Gadget Will Be An Necessary Device For Enhancing Governance.


Enhanced Mandate Of Ministry Of Finance:

Ministry Of Finance, Dept. Of Expenditure OM No Forty Nine (7) /PF- I/ 2014 Dated 02.12.2014 Directed CGA To Proceed With Digitization Of Govts. Account Thru PFMS.

Modules To Enforce The Mandate:

Modules Developed /Under Improvement By Using PFMS For Stakeholders As Per The Union Cabinet Above Mandate Are As Under:
I. Fund Flow Monitoring
(A) Agency Registration
(B) Expenditure Administration And Fund Utilisation Thru PFMS EAT Module
(C) Accounting Module For Registered Agencies
(D) Treasury Interface
(E) PFMS-PRI Fund Go With The Flow And Utilization Interface
(F) Mechanism For State Governments In The Direction Of Fund Monitoring For State Schemes
(G) Monitoring Of Externally Aided Projects (EAP):
II. Direct Benefit Transfer DBT Modules
(A) PAO To Beneficiary (B) Agency To Beneficiaries (C) State Treasuries To Beneficiaries
III. Modules To Enforce The Mandate:
(A) CBS (B) India Post (C) RBI (D) NABARD &Amp; Cooperative Banks


Modules To Enforce Enhanced Mandate:

  1. PAO Computerization
    (A) Programme Divisions Module (B) DDO Modules (C) PAO Modules (D)Pension Modules (E) GPF & HR Module (F) Receipts Together With GSTN (G) Annual Financial Statements (H) Cash Flow Management (I) Interface With Non-Civil Ministries
    V. Non – Tax Receipt Portal

Other Departmental Initiatives:

To Leverage The Skills Of PFMS, A Number Of Different Departments Have Approached PFMS For Creating Utilities For Their Departmental Desires As Follows:
VI. Interface For MHA (Foreigners Division) Monitoring Of Agencies Receiving Fund Underneath FCRA
VII. CBDT PAN Validation
VIII. GSTN Financial Institution Account Validation

Implementation Strategy

Action Plan Has Been Organized And Accepted By Using Ministry Of Finance For Phased Implementation Of Public Financial Management System.

 Improved Financial Management Through:

Just In Time (JIT) Launch Of Funds
Monitoring Of Use Of Money Together With Last Utilization
Universal Rollout Of PFMS Which Inter Alia Include
Mandatory Registration Of All Implementing Agencies (IA) On PFMS And
Mandatory Use Of Expenditure Advance &Amp; Transfer (EAT) Module Of PFMS With The Aid Of All Ias
I. Implementation Strategy For Central Sector (CS) Schemes/Transactions


Activities To Be Completed

Mandatory Registration And Use Of EAT Module Through Ias
Mapping Of All Applicable Statistics Of Schemes
Uploading Of Finances Of Every Scheme On PFMS
Identify Implementation Hierarchy Of Every Scheme
Integration Of Systems Interface Of Precise Schemes With PFMS E.G. Nregasoft, Awassoft
Deployment And Training Of Trainers


Implementation Strategy For Centrals Assistance To State Plan (CASP)

Activities To Be Undertaken By Way Of States
State Treasury Integration With PFMS
Registration Of All Sias On PFMS (1st Degree & Below)
Mapping Of State Scheme With Corresponding Central Schemes
Configuration Of State Schemes On PFMS
Configuring State Scheme Components
Identify And Configure Hierarchy Of Every Country Scheme
Integration Of PFMS With Scheme Unique Software Program Application
Deployment And Coaching Of Trainers
Continuous Guide For Implementation


Agency Registration:

Implementing Agencies (E.G. Statutory Bodies, Trust, Registered Society, Autonomous Bodies, State Govt. Institutions, Local Bodies Etc.) Are Registered On PFMS For Monitoring Of Financial Institution Balances And Monitoring Of Fund Flow. The Financial Institution Balances Of These Organizations Can Be Monitored Thru PFMS After Their Registration On PFMS. Presently,17.9 Lakh Businesses Are Registered With Their Financial Institution Bills Duly Validated By Means Of PFMS- Core Banking Solution (CBS) Interface And Used Through Stakeholders For Monitoring Purpose. Details Of Growth Seeing That Its Inception Is As Under:


MIS And DSS Output Reviews Are Accessible On PFMS. State Smart Releases, Ministry Sensible Scheme Smart Releases, Implementation Degree Sensible Financial Institution Balances For Every Scheme Is Accessible To The Stakeholders On PFMS.


Expenditure Administration And Fund Utilisation Via PFMS (EAT) Module:

After Completion Of Registration Process, The Agencies Can Login To PFMS Portal And Can Create Maker And Checker Kind Customers To Use Expenditure-Advance-Transfer Modules (EAT Module) For Transferring Money Or Advances To Decrease Stage Agencies And E-Payments To Vendors, Personnel And Beneficiaries For Monetary MIS. This Is An Extraordinarily Necessary Practical Module Of PFMS For Monitoring The Closing Utilisation Of Funds.

So A Ways 26,011 Companies Out Of 17.9 Lakh Registered Businesses Are The Usage Of The EAT Module. Exhaustive Education At State, District And Beneath Stage Is Required To Be Imparted For Encouraging Registered Groups For Utilization Of PFMS For Imparting Ultimate Mile Connectivity. Year Clever Utilization Of EAT Module Of PFMS Is As Under:

Treasury Interface

Ministry Of Finance, Underneath The Central Scheme For Treasury Modernisation Has Mandated Obligatory Interface Of State Treasury Systems With PFMS. Consequently, An Interface For Sharing Statistics With State Treasuries Has Been Developed In PFMS. This Targets At Monitoring Of Utilization Of Cash For All Central Schemes In All States Which Are Both Transferred Thru The State Consolidated Fund Or Implementing Agency Route. Funds Transferred From Central Ministries Are Tracked At Every Successive Stage, Beginning With The Preliminary Launch With The Assist Of PFMS – Core Banking Solution (CBS) Interface. Presently PFMS Has Set Up Treasury Interface With 10 States/UT With Legislature Specifically Assam, Bihar, Jharkhand, Kerala, Madhya Pradesh, Maharashtra, Odisha, Puducherry, Rajasthan, And Uttar Pradesh.

Bank Interface

PFMS-Core Banking Solution Interface Helps On Line Validation Of Beneficiaries, And Agencies Financial Institution Account Details. Electronic Fee Archives Are Generated Thru PFMS For Three Modes Of Payments, Viz. Print Charge Advice (PPA), Digital Signature Certificate (DSC) And Corporate Internet Banking (CINB). At Present, PFMS –CBS Interface Is Operational With Public Sector Banks (26), Regional Rural Banks (50), And Non-Public Quarter Banks (10). PFMS Has Interface With India Posts And RBI Too.

Direct Benefit Transfer (DBT)

The DBT Scheme Was Once Introduced By Means Of The Government Of India For Implementation W.E.F 01.01.2013. It Has Been Determined That Repayments (Aadhaar Enabled Or By Means Of NEFT) To Last Beneficiaries Will Be Processed Thru PFMS (CPSMS). The Erstwhile Planning Commission Issued Particular Recommendations On 12.4.2013 (OM No 4) Concerning Use Of CPSMS By Way Of Ministries /Department/Implementing Agencies For DBT.

Further, The Use Of PFMS Has Been Made Obligatory For Payment, Accounting And Reporting Below Direct Benefit Transfer, With Impact From 1st April 2015. No Repayments Underneath The Direct Benefit Transfer Schemes (Except PAHAL) Are To Be Processed, Except The Digital Price Documents For Such Repayments Are Obtained Thru The PFMS Gadget Developed By Means Of The CGA From 1st April, 2015.

As A Result, Each Department/Ministry Will Switch Cash Electronically To Every Beneficiary (Individual Or Institution) Via PFMS. Further, Imposing Organizations Will Switch The Money Factors To Beneficiaries Thru PFMS. In Case The Place Dollars Are Transferred To State Government/Treasury, Every Ministry Will Coordinate And Make Certain That The Money Aspect Of Every Scheme Is Transferred Via PFMS. In Each The Above Cases, All Departments/Ministries Will Use The PFMS Device Of CGA For Processing Repayments Which Is Already Linked With NEFT And APB Of NPCI For Agreement Of Funds, And Can Technique Each Kind Of Repayments On A Single Platform.

MGNREGS At Pan India Degree And Cash-In-Lieu-Of-Food Grains PDS Subsidy In Three Uts I.E. Chandigarh, Puducherry And Dadra And Nagar Haveli Are The Primary Central Schemes Taken Up For DBT Fee Implementation In 2015-16.

The Popularity Of Implementation Of Direct Benefit Transfer The Use Of PFMS Portal Each In Appreciate Of Central And State Stage Schemes Is As Under:


DBT For State Govt. Schemes

  • Uttar Pradesh State Government Scholarships, Pensions And Social Welfare Schemes Are Being Paid Via PFMS. Chief Secretary, UP Has Despatched A DO Letter To CGA Concerning Saving Of ₹520 Crore For Government Of UP By Using The Use Of Account Validation And Tightly Closed Fee Facets Of PFMS DBT Process.
  • Payments For Odisha Govt. Scheme “Bijupaccaghar” Is Being Carried Out Via PFMS.
  • Pilot For DBT Repayments Of Kanyashree Scheme Of West Bengal Govt. Has Been Performed In Nadia District.


Interfaces For DBT

  • Beneficiary Administration Functions Of Extraordinary Ministries And Departments Incorporate Beneficiary Listing And Their Small Print Stuffed With The Aid Of Area Units. PFMS’ Interface With These Functions Has Similarly Enriched The Records On Hand To Stake Holders With The Aid Of Prior Account Validation And Savings Response Information. This Helps In Detecting Fraudulent Payments. So A Ways PFMS – Domain Application Interface Is Operational With Exterior Purposes Like NSAP, Mnregasoft, MCTS, Awassoft, Nesp, UGC-Canbank Application, CAB PDS Gadget And Kanyashree.


Non Tax Receipt Portal (NTRP)

The Goal Of The Non Tax Receipts Portal (NTRP) Is To Supply A One End Window To Residents / Corporates/ Other Customers For Making On Line Deposits Of Non-Tax Receipts Due To Government Of India (Goi).

NTRP Makes Use Of The Modality Of Payment Gateway Aggregator (PGA). A Depositor Can Consequently Make On Line Savings The Use Of Credit Card, Debit Card Or Thru Net Banking Of Any Of The Banks Built-In With The PGA. At Present, Sbiepay Is The PGA For NTRP.

NTRP Is Built-In With The Authorized Banks Of Exclusive Ministries. Therefore Any Savings Made Thru It Would Additionally Be Captured In The Bills Of The Respective Pay And Accounts Workplace (PAO).

This Portal Shall Serve All These Goi Departments/Ministries Who Do No Longer Have Any Current Answer For On Line Series Of Their Receipts.

  • The NTRP Portal Has Been Formally Launched Via Hon. Finance Minister On 15 Feb’ 2016. So A Ways The NTRP Portal Is Being Used Via 5 Ministries. In FY 2015-16 Rs. 3,176 Crore Non-Tax Income Used To Be Gathered Thru NTRP Involving 1690 Transactions.


PAO Computerization-Online Payments, Receipts And Accounting Of Govt. Of India

In Pursuance Of The Above Mandate, A Pilot Of The On Line Price Features Via PFMS Portal Used To Be Run In Two Ministries (Heavy Industries, And Power) From 1st April, 2015.

Thereafter The Utility Used To Be Elevated To Consist Of The Following Functionalities:

(I) Compilation Of Accounts.

(Ii) Budget Module.

(Iii) Reconciliation Of Accounts

(Iv) Authorization Of Money To Agent Ministries/Departments For The Provide Of Items And Services, Execution Of Works Etc. Via The Latter. Under The Phased Roll Out Plan, The Improved PFMS With The Above Functionalities Has So Some Distance Been Applied In All Civil Ministries/Departments.

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