Rajnath Singh emphasizes the integration of financial systems within the Defence Accounts Department, stressing its role as a unifying force for the Ministry of Defence. The minister also highlights significant achievements and launches IT initiatives aimed at strengthening digital systems.
India's Defence Minister, Rajnath Singh, has underscored the importance of integrating financial systems within the Defence Accounts Department. Addressing the Defence Accounts Day in New Delhi, he emphasized that this department serves as a common thread connecting the entire Ministry of Defence and is the backbone of the defence system. The minister stated that if the financial systems are also integrated, the entire defence management will become even more efficient. He added that during the last financial year, expenditure booking stood at approximately 100 percent, marking a significant achievement. This achievement reflects the unwavering commitment, dedication, hard work, and efficiency of the Defence Accounts Department in ensuring effective resource utilisation.
During the event, several IT initiatives aimed at strengthening financial management and digital systems within the Ministry of Defence were launched. These include the integration of the Indian Army Financial Information System with the Department’s SAKSHAM platform, the revamped National Compilation System for the Ministry of Defence, and the Payment Routing and Integrated System Management (PRISM) platform.
Source:
Akashvani News
