PFMS Division under Office of Controller General of Accounts (CGA) is organizing PFMS Webinar in States celebrating the ‘Azadi ka Amrit Mahotsav’. The Office of Controller General of Accounts (CGA) under Ministry of Finance, Government of India organised a PFMS Webinar in Itanagar (Arunachal Pradesh) on March 4,2022 with Smt. Dharitri Panda, Addl. Controller General of Accounts, Smt. Y.W. Ringu, Secretary (Finance), Government of Arunachal Pradesh as Chief Guests and Smt. Jaspal Kaur Pradyot, Joint Controller General of Accounts, Shri Harsha A.H, Dy. CGA and Shri Narender Singh, ACGA also graced the event of Azadi ka Amrit Mahotsav.
As a part of this PFMS Webinar, technical workshop on the Single Nodal Account (SNA) model and Receipt Expenditure Advance Transfer (REAT) module were organized on the day. Representatives from Canara Bank and ICICI Bank also gave presentations on their value addition in SNA model. The SNA model has been introduced with effect from 1st July 2021 with the objective to improve transparency in public expenditure and enable better cash management. SNA model ensures that the fund flow and their utilization in the Government of India schemes are tracked through which it is ensured that the unspent balances in the schemes are minimized.
