Central Plan Scheme Monitoring System: Difference between revisions

Revision as of 20:33, 15 October 2015

Revision as of 09:42, 18 November 2016

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==History==

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] {{wayback|url=http://gscurrentaffairs.com/gk/central-plan-schemes-monitoring-system-cpsms/ |date=20100929220209 }}</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. <ref>[http://www.cga.nic.in/pdf/International_Confereence33.pdf Presentation at Planning Commission] {{wayback|url=http://www.cga.nic.in/pdf/International_Confereence33.pdf |date=20110721165712 }}</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] {{wayback|url=http://www.cga.nic.in/pdf/Plan_Scheme_Monitoring_Project_of_GOI.pdf |date=20110721170333 }}</ref>

By 2009, The system was available in all the central ministries and all the state, ministry and scheme reports were available to users in these ministries. The system was being implemented in the four states of [[Madhya Pradesh]], [[Bihar]], [[Mizoram]] and [[Punjab, India|Punjab]]. The CPSMS-CBS interface was functional and was providing real time information exchange with the banks. The Planning Commission also decided to fast-track work on the system.<ref>[http://www.business-standard.com/india/news/planning-commission-fast-tracks-scheme-to-monitor-social-projects/20/28/364279/ Planning Commission fast-tracks scheme to monitor social projects]</ref>

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Central Plan Scheme Monitoring System has successfully integrated with the Core Banking Solution (CBS) of 94 banks. It includes the Public Sector Banks, major Private Sector Banks.

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] {{wayback|url=http://www.windowsfs.com/special-features/windows-in-financial-services-developer-awards-3 |date=20101006063909 }}</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] {{wayback|url=http://www.windowsfs.com/uncategorized/state-bank-of-india-wins-developer-award-for-central-plan-scheme-monitoring-system |date=20100819125403 }}</ref>

The CPSMS after successfully completing the pilots has started Pilots on E-Payments to beneficiaries under various social sector schemes leveraging its CPSMS-CBS interface. Thus it provides a platform for the schemes for making payments directly in the bank accounts of beneficiaries.

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==Modus Operandi==

The system uses a web-enabled application<ref>[http://cpsms.nic.in CPSMS web portal]{{dead link|date=November 2016 |bot=InternetArchiveBot |fix-attempted=yes }}</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 the first step, every agency receiving funds is registered on the system, including registration of all the bank accounts of the agency; 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 expenditure, advance, or transfer. The corresponding instrument number and amount for any release would need to be entered in the system at the time of approval, before the actual transaction. Through the CPSMS-CBS interface, this information would be shared with the 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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== External links ==

* [https://web.archive.org/web/20110721155438/http://www.icisa.cag.gov.in/egovernance/session_2/Monitoring%20of%20Plan%20Scheme%20Expenditure_%20Harish%20Srivastava.pdf CPSMS Presentation on website of [[Comptroller and Auditor General of India]]]

* [http://ssa.nic.in/financial-mgmt-docs/minutes-of-23rd-meeting/Annexure%20C%20-%20CPSMS.ppt CPSMS Presentation on website of [[Sarva Shiksha Abhiyan]]]

* [httphttps://wwwweb.archive.org/web/20101021021057/http://dst.gov.in/register-agency.pdf CPSMS Notice on the website of Department of Science and Technology]

* [http://www.dsir.gov.in/cpsms/cpsms.htm CPSMS Notice on the website of Department of Scientific and Industrial Research (DSIR)]

* [http://www.egovonline.net/articles-list/228-event-report/7511-government-to-government-initiative.html Government to Government Initiatives]

* [https://web.archive.org/web/20101031034944/http://india.gov.in:80/sectors/finance/expenditure.php?pg=3 Reference on the National Portal of India]

* [http://indiabudget.nic.in/ub2011-12/frbm/frbm3.pdf CPSMS as a part of fiscal policy, Budget Document 2011-12]