CPSMS meaning in Indian Ministry of Finance ?
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Answer: What is Central Plan Scheme Monitoring System mean?
The Central Plan Scheme Monitoring System (CPSMS) (now called Public Finance Management System or PFMS) is a Government of India public financial management reforms initiative which monitors programs in the social sector and tracks funds disbursed. Given the large number programs on which the money is spent, the CPSMS is an initiative by the Indian Central Government to ensure that the money is spent according to its intended purpose, and provide an accounting of same.
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