The finance department of West Bengal Government introduced the Administrative Approval and Financial Sanction Module in IFMS or AAFS in WBIFMS. The Finance Department has been contemplating second generation Public Financial Management reforms through introduction of IFMS 2.0. As part of this exercise, it has been felt that there is a scope for Project-wise administrative approval and financial sanction and Project-wise release of funds within the respective Heads of Accounts. The development of an online System for this purpose has been under active consideration since some time past.
Summery of the Memorandum:
|Date||5th April, 2019|
|Published by||Finance department of West Bengal Government|
|Subject||Introduction of “Administrative Approval and Financial Sanction Module” in IFMS|