Budget Estimation, Allocation & Monitoring System is an online
computerised system to distribute the budget and to authorize
expenditure. As soon as the budget is released, the departments can
allocate funds to their field officers through this system. All the
expenditure is thereafter not only checked for budget availability
before the bills can be submitted, but also the monthly cash flows
are controlled against pre-determined targets.
This
system permits the re-appropriation of funds within the prescribed
limits and allows withdrawal/surrender of budget grants. The system
provides limited facility to modify cash flows.MIS section gives
various reports on budget authorizations, cash flows, fund transfer
transactions and authorization slips generated. For reports on
expenditure/receipt data from TreasuryNET, please login to
MEGH-IFMS. This will give more realistic picture of actual
expenditure and bills in process.