BRING IN MORE EFFICIENT TECH FOR PFMS : said the financial Minister

Bring in more efficient tech for PFMS: Financial Minister


Finance Minister Nirmala Sitharaman on Sunday asked civil accounts officers to focus on bringing in more efficient and adaptive  technologies to further smoothen the working of the public financial management system (PFMS).



Speaking at a function to mark the 44^th civil accounts Day, She said there is so much more to be accomplished and officers need to be responsive to the changes.

The minister further said the officer are not only competent accounts person, but also competent technology professional.


“Even as we are talking of technology , that itself is a challenge. Everyday it changes, newer version come in , rapid changes are happening and therefore to keep on top of it is a big exercise . You have to constantly keep changing the milepost bring in more and more efficiency and adaptive technology ,”sitharaman said



She also said that they have “revolutionized” technology-driven PFMS and it has empowered India to be accountable , responsive and transparent .


“Today all over the world DBT ( direct benefit transfer) and GST ( goods and service tax) are being talked about as one of the silent revolution that democracy can show off to the world,” the minister added.


She said the officer have shown that public finance is not opaque, but efficient and responsive to the public.