The full form of CPSMS is Central Plan Scheme Monitoring System.
This system is a platform used in India for tracking and managing funds allocated to various central government schemes. It facilitates efficient disbursement and monitoring of funds, ensuring transparency and accountability in government spending.
In essence, CPSMS acts as a crucial tool for:
- Direct Benefit Transfer (DBT): Enabling direct transfer of funds to beneficiaries' accounts.
- Scheme Monitoring: Tracking the progress and performance of various government schemes.
- Fund Management: Ensuring efficient allocation and utilization of funds.
- Transparency and Accountability: Promoting transparency in government spending and holding relevant stakeholders accountable.
The Central Plan Scheme Monitoring System is an important component of the Indian government's efforts to improve governance and service delivery.
