Electronic Funds Management System
The Main objective of EFMS to track the funds flow and expenditure of the department.The state-level departments deals with the process of allocation of funds, the hierarchy involved in the distribution and management of funds and rules and regulations in utilizing them. The Central Government releases funds to the State Governments through Treasury. The allocation of funds is based on four main Flexible Pools. The flexible pools are divided into activities under which the FMR codes are stated. Every transaction will be recorded and maintained in a structured manner. Flow of Funds Will be Updated by every user from top to bottom with Dashboards and Various Reports
