The Public Financial Manage- ment System (PINS) is a web- based online software applica- tion designed, developed, owned and implemented by the-

The Public Financial Management System (PFMS) is a robust, web-based online software application designed, developed, owned, and implemented by the Office of the Controller General of Accounts (CGA), which operates under the Department of Expenditure, Ministry of Finance [4]. Originally launched in 2009 as the Central Plan Scheme Monitoring System (CPSMS), its scope was expanded to provide an end-to-end solution for processing payments, tracking fund releases, and monitoring real-time expenditure across all government schemes [5]. The system facilitates the Direct Benefit Transfer (DBT) process and ensures transparency and accountability in the utilization of public funds by integrating with various recipient agencies and banks [3]. While the Department of Financial Services and other institutes play roles in the broader financial ecosystem, the CGA is the specific authority responsible for the PFMS platform's implementation and ownership [5].

Sources

1. [2] https://pfms.nic.in/
2. [4] https://www.education.gov.in/en/principal-cca/pfms/introduction
3. [5] https://pfms.nic.in/NewDefaultHome.aspx
4. [3] https://www.mohua.gov.in/upload/uploadfiles/files/PUBLIC%20FINANCIAL%20MANAGEMENT%20SYSTEM.pdf