Fund Flow Software

Last Friday was the last working day of the Financial Year 2011-2012. I took a meeting with all departmental staff and officers who deal with budget and finance and decided that all allotments in the new FY 2012-13 will be through a specialised software called Fund Flow Software.
  This is designed by NIC and basically takes care of all the myriad heads of accounts in the budget books so that there is a clear sense of what is the correct position in fund expenditure. It is necessary to appreciate that there are no tailor-made commercial software available as govt system of accounts is very specialised but is not a double entry system.
  The provisions of the Vote-on-Account have been incorporated in the software. The officials have been sensitised. Now we just have to be vigilant on initial teething problems and staff training.
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Khabar 365 Din of today carried a front page story on eco-tourism park. Here is a clipping of the headline: