DW BUREAU / Panchkula The Office of Controller General of Accounts (CGA) under Ministry of Finance, Government of India organized a PFMS Mela at PWD Rest House, Sector-1 here on Monday with Deepak Das, Controller General Accounts (CGA), TVSN Prasad, Haryana Additional Chief Secretary, Finance , Dharitri Panda, Additional CGA and Devpreet Singh, Additional Director General, Chandigarh region, Ministry of Information and Broadcasting as the chief guests. PFMS Division under the Office of Controller General of Accounts (CGA) is organizing PFMS Melas in States celebrating the 'Azadi ka Amrit Mahotsav'. As a part of this PFMS Mela, technical workshop on the Single Nodal Account (SNA) model and Receipt Expenditure Advance Transfer (REAT) module were organized. Representatives from ICICI, Canara and SBI Banks also gave presentations on their value addition in SNA model. The SNA model has been introduced with effect from July 1, 2021 with the objective to improve transparency in public expenditure and enable better cash management. The SNA model ensures that the fund flow and their utilization in the Central Government schemes are tracked through which it is ensured that the unspent balances in the schemes are minimized. On this occasion, Regional office of Bureau of Outreach Communication (BOC) under Ministry of Information and Broadcasting, Government of India held an exhibition on the Indian Independence struggle and cultural programmes by its artists. Public Financial Management System (PFMS) is an ambitious project of Government of India being implemented by Controller General of Accounts, Ministry of Finance. The PFMS provides platform for efficient management of funds through tracking of funds and real time reporting of expenditure and receipts through Treasury and Bank interface. The line ministries/ departments utilize this platform to monitor the utilization of funds provided to the implementing agencies and states governments. (editor@dailyworld.in)