Many students and beneficiaries get confused with. Pfms is also the channel for payment, accounting and reporting under direct benefit transfer. Pfms provides various stakeholders with a real time, reliable and meaningful management information system and an effective decision support system, as part of the.
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As such, every department/ministry of government of india transfers funds.
Users are advised to verify/check any information with the relevant.
Pfms is a government of india public financial management reforms initiative which monitors programs in the social sector and tracks funds disbursed. Pfms has gradually improved administration and management programme, reduction of float in the system, direct payment to beneficiaries and greater transparency and accountability in the. Pfms is also the channel for payment, accounting and reporting under direct benefit transfer. As such, every department/ministry of government of india transfers funds electronically to.
