Central Plan Scheme Monitoring System: Difference between revisions

Revision as of 23:39, 8 June 2022

Revision as of 21:02, 5 November 2022

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{{Short description|Indian public financial management reforms}}

{{refimprove|date=October 2010}}

{{NPOV|date=May 2013}}

The '''Central Plan Scheme Monitoring System''' ('''CPSMS''') (now called '''Public Finance Management System''' or '''PFMS''')<ref>{{Cite web|title=PFMS|url=https://pfms.nic.in/static/NewLayoutCommonContent.aspx?RequestPagename=Static/Implementation.aspx|access-date=2020-09-28|website=pfms.nic.in}}</ref> is a [[Government of India]] public financial management reforms initiative which monitors programs in the social sector and tracks funds disbursed. Given the large number programs on which the money is spent, the CPSMS is an initiative by the Indian Central Government to ensure that the money is spent according to its intended purpose, and provide an accounting of same.