Central Plan Scheme Monitoring System: Difference between revisions

Revision as of 03:55, 17 September 2011

Revision as of 08:17, 7 November 2011

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The Economic Survey (2007–08) emphasized the need for effective financial monitoring of the Plan Schemes. The Finance Minister in his Budget Speech (2008–09) announced<ref>[http://gscurrentaffairs.com/gk/central-plan-schemes-monitoring-system-cpsms/ Announcement of CPSMS]</ref> the establishment of a comprehensive Decision Support System and Management Information System. 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.

The EFC of the [[Planning Commission (India)|Planning Commission]] has approved the implementation of CPSMS in a phased manner. The Finance Minister has also accorded its approval in principle for the entire scheme. Administrative and financial approval for Part A of the Scheme, with an outlay of Rs. 24.25 crores, has also been received.

A detailed presentation and an article on development of CPSMS since it's genesis is also available here.<ref>[http://www.cga.nic.in/pdf/International_Confereence33.pdf Presentation at [[Planning Commission]]]</ref><ref>[http://www.cga.nic.in/pdf/Plan_Scheme_Monitoring_Project_of_GOI.pdf Development of a Management Information & Decision Support System for Plan Schemes]</ref>