Activities to be undertaken by states
1 State Treasury Integration with PFMS
2 Registration of all SIAs on PFMS (1st level & below)
3 Mapping of State Schemes with corresponding central schemes
4 Configuration of State Schemes on PFMS
• Configuring State Scheme Components
• Identify and configure the hierarchy of each state scheme
5 Integration of PFMS with Scheme specific software application
6 Deployment and training of Trainers
7 Continuous support for implementation
Public Financial Management System (PFMS) initially started as a Plan scheme named CPSMS of the Planning Commission in 2008-09 as a pilot in four States of Madhya Pradesh, Bihar, Punjab, and Mizoram for four Flagship schemes e.g. MGNREGS, NRHM, SSA, and PMGSY.
After the initial phase of establishing a network across Ministries / Departments, it has been decided to undertake the National rollout of CPSMS (PFMS) to link the financial networks of Central, State Governments, and the agencies of State Governments. The scheme was included in the 12th Plan initiative of Planning Commission and Ministry of Finance.
PFMS in Policy Documents