PFMS

Indian government manages its public finance using an application called Public Financial Management System (PFMS). It is used for payment, accounting, and reconciliation of government transactions. During the lockdown period (March 2020 till 17th April 2020), government-supported more than 200 million households by transferring cash amounting to USD 7 billion directly to their bank accounts. All these transactions were managed in PFMS.

Themes: Beneficiary Identification, Targeting, Onboarding