Central Plan Scheme Monitoring System: Difference between revisions

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{{NPOV|date=May 2013}}
 
The '''Central Plan Scheme Monitoring System''' ('''CPSMS''') (now called PFMS) 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. The main Engineer Behind PFMS is "Sameer Jaiswal".
 
==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] {{webarchive |url=https://web.archive.org/web/20100929220209/http://gscurrentaffairs.com/gk/central-plan-schemes-monitoring-system-cpsms/ |date=September 29, 2010 }}</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 beenwas received. <ref>[http://www.cga.nic.in/pdf/International_Confereence33.pdf Presentation at Planning Commission] {{webarchive |url=https://web.archive.org/web/20110721165712/http://www.cga.nic.in/pdf/International_Confereence33.pdf |date=July 21, 2011 }}</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] {{webarchive |url=https://web.archive.org/web/20110721170333/http://www.cga.nic.in/pdf/Plan_Scheme_Monitoring_Project_of_GOI.pdf |date=July 21, 2011 }}</ref>
 
By 2009, Thethe 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>
 
=== 2009-10 ===
By the 2009-18 financial year the CPSMS had made significant strides since its initial roll out. The dedicated web portal of CPSMS was operational and had registered more than 8.00 lakhs hits. All the Plan Schemes of Civil Ministries have been mapped and about 75,000 Sanctions were issued. All releases from the Government of India under Plan Schemes were now made through CPSMS, and all agencies receiving these releases were registered on the CPSMS Portal. More than 800,000 agencies have been registered. Ministry, Scheme, State-wise, District, NGO, Individual data of releases from GOI are available centrally on CPSMS in real time. The CPSMS data is fully reconciled with the accounting data of Controller General of Accounts.
 
Central Plan Scheme Monitoring System has successfully integrated with the Core Banking Solution (CBS) of 150 banks all over India. It includes the Publicpublic Sectorsector Banks,banks and major Privateprivate Sectorsector Banksbanks.
 
CPSMS has also won the Microsoft Developer Innovation & Excellence Award 2009in 2009.<ref>[http://www.windowsfs.com/special-features/windows-in-financial-services-developer-awards-3 Windows in Financial Services Developer Awards 2009] {{webarchive |url=https://web.archive.org/web/20101006063909/http://www.windowsfs.com/special-features/windows-in-financial-services-developer-awards-3 |date=October 6, 2010 }}</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] {{webarchive |url=https://web.archive.org/web/20100819125403/http://www.windowsfs.com/uncategorized/state-bank-of-india-wins-developer-award-for-central-plan-scheme-monitoring-system |date=August 19, 2010 }}</ref>
 
The CPSMS, after successfully completing the pilots has, started Pilotspilots on Ee-Paymentspayments 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.
 
Planning Commission, Government of India has issued, Officean office Memorandummemorandum, making CPSMS mandatory for Direct Benefit Transfer Scheme of Government of India. CPSMS serves as the central MIS for all DBT transactions.
 
==Why CPSMS==
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MISs based on post facto data feeding suffer from drawbacks of inefficiencies, inconsistencies, gaps and perennial reconciliations, as they are not integrated with the process flow. CPSMS attempts to address this, and the associated issues of transparency and accountability related to the SPV mode of implementation, keeping all the advantages of the mode intact.{{cn|date=October 2015}}
 
==Modus Operandioperandi==
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.
 
PostAfter 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’banks' CBS and an instrument of payment will be honored by banks only when the corresponding entry is received through the CPSMS.
 
== References ==