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Public Financial Management System - Coggle Diagram

- - - - bringing in transformational
        
        accountability and transparency
        
        and further promote good governance
    - - evolved as an end2end solution
        
        for processing, monitoring, and
        
        reconciling financial flows of CG
      - unique capability
        
        to pre-validate the account details
        
        before pushing the transactions
      - empowered governance
        
        become more responsive
        
        accountable and transparent
- - - - efficient use of technology
        
        PFMS saved 1 lakh crore in DBT
- - - - integrated with all major banks
        
        Public, Private, Co-Op,
        
        Regional, India Post, and RBI
- - - - public finances are managed
      - in the country
    - - for managing planned expenditure
      - but will also
        
        add new meanings to DBT,
        
        data driven cash management,
        
        and e-governance in India