Bandipora: The Deputy Commissioner (DC) Bandipora, Dr Owais Ahmad on Tuesday inaugurated a daylong training cum awareness programme on Public Financial Management System (PFMS).
The programme was organized with an aim to sensitize the heads of all line departments in the district and concerned staff about the online payments carried out in departments.
Speaking on the occasion, the DC said that PFMS is paperless and Cashless, a unique initiative launched by Govt of India to enhance digital delivery of services. He urged upon all participants to attend training sessions on PFMS with an element of seriousness as it is now mandatory for all Central sponsored and central sector schemes to be routed through PFMS only.
The training was held in two sessions, in the first session the resource persons Faizan Ali and Sheikh Aubaid enlightened the audience about the PFMS portal registration and online transaction of Govt. funds.
In the second session, the practical implementation of EAT modules, Agency Registration, Vendor Creation, Opening balance and Expenditure Advance and Transfer was discussed.
PFMS is an online web portal designed by the Ministry of Finance for ensuring transparency, efficiency and accountability while making monetary transactions in departments.
Experts said PFMS ensures payment is quick and hassle free as the PFMS software is user friendly, integrated with the core banking solution where wrong entry is easily detected and returned back for rectification. HODs can easily monitor the status of funds disbursed and remaining under various heads of account.