The FM said that the PFMS has led to strengthening of cooperative federalism through integration of 31 state treasuries and 40 lakh programme implementing agencies enabling seamless financial ...

India is adopting just-in-time (JIT) cash management in public finances to optimise fund flows, reduce idle balances, and save interest costs. Initiatives like PFMS and SNA-SPARSH are enabling ...

One word: Patience. Ghosh emphasizes that the goal of an NPS fund manager should be to generate sustainable returns over the ...

PFMS, developed by the CGA under the Department of Expenditure, serves as a digital financial platform that ensures end-to-end payments, receipt collection, and accounting.