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A web-based online software/ application developed and implemented by the Ministry of Finance, Government of India for payment, accounting, and reconciliation of Government transactions. It also integrates various existing standalone systems. The prime objective of PFMS is to track your funds released in all the Plan schemes under the Government of India. It reports expenditures at all levels of Programme implementation in real-time.
Cosmos offers PFMS to efficiently monitor schemes and programs operated by central government and state governments.