Finance
Minister to inaugurate the Centralized GP Fund Module
of PFMS for all
the Central Government Employees and ePPO Module of
PFMS for complete
end -to -end electronic processing of Pension cases
tomorrow
28 FEB 2018
On
the occasion of 42nd Civil Accounts Day tomorrow, the
Union Minister
for Finance & Corporate Affairs , Shri Arun Jaitley
will inaugurate
the Centralized GP Fund Module of PFMS for all the
Central Government
Employees. The centralized GPF module meets a long
standing demand of
the Central Government Employees for a mapping of GPF
Accounts with the
unique Employee ID thereby facilitating online
application for GPF
advances and withdrawals with online access to the
employee's current
GPF balances. The module will streamline GPF accounting
and transfer of
balances.
During the Inaugural Session, the Finance Minister,
Shri
Jaitley will also inaugurate the ePPO module of PFMS
for complete end
-to -end electronic processing of Pension cases. The
ePPO includes the
integration of the BHAVISHYA application of the
Department of Pension
& Pensioners' Welfare and the PARAS application of
CPAO with PFMS
for seamless processing of Pension cases thereby
eliminating delays and
errors involved in manual processing.
A function is being
organized tomorrow at D.S. Kothari Auditorium, DRDO
Bhawan Complex, New
Delhi to mark the 42nd Civil Accounts Day.
The Finance Minister,
Shri Arun Jaitley will be the Chief Guest at the
Inaugural Session. The
Union Minister of State for Finance, Shri Pon.
Radhakrishnan will
preside over this Session. The Secretary (Expenditure),
Shri A. N. Jha
and the Controller General of Accounts(CGA), Shri
Anthony Lianzuala will
be the other dignitaries at the Inaugural Session.
It may be
mentioned here that the Union Finance Minister, Shri
Arun Jaitley had
earlier graced the 40th Civil Accounts Day function on
March 1, 2016 in
which the Hon'ble President of India was the Chief
Guest. The Union
Finance Minister, Shri Jaitley had also very graciously
inaugurated the
‘Mahalekha Niyantrak Bhawan', the new building of this
office on
September 14, 2016.
Earlier, the Finance Minister had been kind
enough to launch the mandatory use of PFMS for Central
-Sector schemes
monitoring (Oct 2015), the Non -Tax Receipts Portal
(NTRP) (Feb 2016)
and the Web Responsive Pensioners' Service of the
Central Pension
Accounting Office (CPAO) (September 2016).
The Union Government
initiated a major reform in Public Financial Management
in 1976. The
Audit and Accounts functions were separated by
relieving the Comptroller
and Auditor General of his responsibility of
preparation of Union
Government accounts. The accounting function was
brought directly under
the control of the Executive. Consequently, the Indian
Civil Accounts
Service (ICAS) was established. The ICAS was carved out
from the Indian
Audit & Accounts Service (IA & AS), initially
through the
promulgation of an Ordinance amending the C & AG's
(Duties, Powers
and Conditions of Service) Amendment Act, 1976. Later
on, the
Departmentalization of Union Accounts (Transfer of
Personnel) Act, 1976
was enacted by Parliament and assented to by Hon'ble
President of India
on 8th April, 1976. The Act was deemed to have come
into force with
effect from 1st March, 1976. Accordingly, the ICAS is
celebrating March 1
every year as the "Civil Accounts Day".
Since its inception the
ICAS has steadily grown in stature and now plays an
important role in
the management of public finances of the Union
Government.
Other highlights of the 42nd Civil Accounts Day
function are
*
Inauguration of the Centralised GPF and ePPO
modules of PFMS
Reforms
in public financial management are a continuous
process. Structural
changes take place in the economy and in the
functioning of government
which demand accounting data on public finances to be
available to
decision makers, often on real time basis. This demand
for faster
information can only be met through adoption of
technology. Recognizing
this need, the Service has since its inception, been a
pioneer in the
use of Information Technology in Payments, Accounting
and Financial
Reporting.
*
Keynote address by Shri N. K. Singh,
Chairman, Fifteenth Finance Commission (FFC)
Shri
N. K. Singh, Chairman, FFC will deliver the keynote
address at the
Plenary Session from 12.00 PM to 12.50 PM on the topic
"Managing Public
Finances for a resurgent India". The Address will be of
tremendous
significance in the context of fiscal discipline
efforts of the Union
and the States that would be required to achieve fiscal
consolidation.
*
Address by Shri Rajnish Kumar, Chairman,
State Bank of India
The
post-lunch session (2:00 PM -2:50 PM) will feature a
talk by Shri
Rajnish Kumar, Chairman, State Bank of India on the
topics "Leveraging
Information Technology for an efficient receipt and
payment system of
the Government of India". As the head of the premier
accredited and
aggregator bank for Government business, the views of
Chairman, SBI on
the subject would be of immense significance especially
in the context
of implementation of the Public Financial Management
System (PFMS) with a
seamless integration with the banking systems.
Concluding session
This
Session will be an Open House Session where Service
Officers will
interact for a way forward on issues relating to
Accounts, IT and
Internal Audit.
PIB
