PFMS Compliance Guide for Grant-in-Aid Recipients
Grant-in-aid sounds simple—government gives funds, and an organization uses them for a defined purpose. In reality, it comes with strict rules. Every rupee must be tracked, reported, and justified. That’s where PFMS (Public Financial Management System) becomes central. If you’re an NGO, institution, or implementing agency receiving government grants, compliance with PFMS is not optional. […]