Central Plan Scheme Monitoring System: Difference between revisions

Revision as of 08:06, 22 October 2010

Revision as of 03:38, 23 October 2010

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==History==

The Economic Survey (2007-082007–08) emphasized the need of output and outcome monitoring and creating knowledge-based expertise for effective financial monitoring of the Plan Schemes. Subsequently the Finance Minister in his Budget Speech (2008-092008–09) announced<ref>[http://gscurrentaffairs.com/gk/central-plan-schemes-monitoring-system-cpsms/ Announcement of CPSMS]</ref> the setting of the Central Plan Schemes Monitoring System towards establishment of a comprehensive Decision Support System and Management Information System. The intended outcome is to generate and monitor scheme-wise and State-wise releases for the Central Plan and Centrally Sponsored Schemes.

The 11th Plan Document also recognized the deficiencies in the existing accounting system for the Plan Schemes and its inability to support informed planning, budgeting and effective monitoring of these schemes. It also underlined the need for a consolidated financial information system for the Plan Schemes.

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==Modus Operandi==

The system uses a web-enabled application<ref>[http://cpsms.nic.in CPSMS web portal]</ref> developed in the office of Controller General of Accounts<ref>[http://www.cga.nic.in Website of Controller General of Accounts]</ref>, the apex accounting authority of the Government of India under [[Ministry of Finance (India)]]. In first step, every agency at involved at any tier in the implementation of a scheme (and receiving funds) is registered on the system. Registration involves registration of all the bank accounts of the agency and this information is shared with the respective banks’ [[Core Banking System]] (CBS) for authentication.

Post registration, CPSMS will enable one to one validation or payment authorization of each release of funds, whether in forms of expenditure, advance, or transfer. This would mean that the corresponding instrument number and amount for any release would need to be entered in the system at the time of generation of official sanction, i.e. before the actual transaction. Through the CPSMS-CBS interface, this information would be shared with Banks’ CBS and an instrument of payment will be honored by banks only when the corresponding entry is received through the CPSMS.

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CPSMS has made significant strides since its initial roll out. The dedicated web portal of CPSMS is operational and has registered 4.62 lakhs hits. All the Plan Schemes of Civil Ministries have been mapped and about 75,000 Sanctions were issued in 2009-10. All releases from Government of India under Plan Schemes are now made through CPSMS, and all agencies receiving these releases are registered on CPSMS Portal. Till now 18,264 agencies have been registered. Hitherto unavailable, Ministry-wise, Scheme-wise, State-wise, District-wise, NGO-wise, Individual-wise data of releases from GOI is now available centrally on CPSMS in real time. Further, the CPSMS data fully reconciled with the accounting data of CGA.

CPSMS has also won the Microsoft Developer Innovation & Excellence Award 2009 <ref>[http://www.windowsfs.com/special-features/windows-in-financial-services-developer-awards-3 Windows in Financial Services Developer Awards 2009]</ref> <ref>[http://www.windowsfs.com/uncategorized/state-bank-of-india-wins-developer-award-for-central-plan-scheme-monitoring-system State Bank of India Wins Developer Award for Central Plan Scheme Monitoring System]</ref>

== References ==

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