Civil accounts dept has sanctity attached; can’t afford to err: Jaitley
Team Udayavani, Mar 2, 2018, 1:15 PM IST
New Delhi: Finance Minister Arun Jaitley today said the civil account department of the government cannot afford to err as it informs about the state of public finances to the nation and there is an element to sanctity attached to it.
The finance minister inaugurated the centralised GPF module of Public Financial Management System (PFMS) for all central government employees and ePPO module of PFMS for complete end-to-end electronic processing of pension cases.
Speaking at the occasion, Jaitley said, “There is a certain amount of sanctity which must remain attached to the government accounting system.”
“While there are government departments that can function with a fairly high amount of accuracy, the Civil Accounts Department is one that cannot afford to err because a small error can lay a huge foot prints,” Jaitely said at the 42nd Civil Accounts Day here.
The government accounts need to be error free as the government informs the nation on the state of public finances and therefore the sanctity of work is important and involves high level of efficiency which adds to the integrity of the government, he said.
Noting that sanctity and credibility of the accounting system of the government has been maintained over the years, there is a certain amount of sanctity which must remain attached to the government accounting system, Jaitley said who also holds the portfolio of Corporate Affairs Ministry.
Lauding the Indian Civil Accounts Service (ICAS) professionals, he said the effective use of technology ensures that every rupee of the government is accounted for and can be tracked which adds up to the overall efficiency of the government.
It also leads to effective utilisation of government money, he said, adding the full integration of government accounting system with the GST Network, RBI and banks which has been instrumental in providing timely and reconciled reports on collections of CGST, SGST and IGST among others.
The minister inaugurated the centralized GPF module of Public Financial Management System (PFMS) for all central government employees and ePPO module of PFMS for complete end to end electronic processing of pension cases.
The centralised General Provident Fund (GPF) module meets a long standing demand of the central government employees for a mapping of GPF accounts with the unique employee ID that will facilitate online application for GPF advances and withdrawals with online access to the employee s current GPF balances, the Controller General of Accounts (CGA) said in a statement.
The module will streamline GPF accounting and transfer of balances.
The ePPO function will include 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 and eliminate delays and errors involved in manual processing.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Sensex drops 241 pts, Nifty falls for 7th day on selling in IT, oil shares
Sitharaman responds to X user seeking relief for middle class
Failure to disclose foreign assets, income to invite Rs 10L penalty: I-T dept
CBDT launches campaign to intimate taxpayers on undeclared foreign assets in ITR
Indian economy well placed to handle any kind of spillovers from global events: RBI Guv
MUST WATCH
Latest Additions
Manipur situation: One protester dead, Centre to rush 5,000 additional paramilitary troops
Jailed gangster Lawrence Bishnoi’s brother Anmol held in US: Mumbai police sources
Curtains come down on campaigning for last phase of assembly polls in Jharkhand
Vitla: Man dies of snakebite
Maharashtra Polls | Never asked Hindus to unite against Muslims, says Eknath Shinde; backs ‘ek hai toh safe hai’ slogan
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.