Failed payments are auto-reversed to the government’s PFMS nodal account within T+1 day. A failure report (e.g., “Account closed”, “Name mismatch”) is generated for the DDO.
Reduces the amount of "float" (idle money) by transferring funds only when needed. pfms samman pranali
| Scheme | Ministry | |--------|----------| | PM Kisan Samman Nidhi | Agriculture & Farmers Welfare | | PM Ujjwala Yojana | Petroleum & Natural Gas | | NSAP (National Social Assistance Programme) | Rural Development | | Scholarships (Post-Matric, Pre-Matric) | Education | | MGNREGA wage payments | Rural Development | | PM Awas Yojana (PMAY) | Housing & Urban Affairs | | Ration subsidy under NFSA | Food & Public Distribution | Failed payments are auto-reversed to the government’s PFMS
Today, the PFMS portal remains a cornerstone of India's financial governance, handling billions in transfers for schemes like PM-Kisan and various scholarships, ensuring that "Samman" (respect/honor) is delivered through timely and accurate support. | Scheme | Ministry | |--------|----------| | PM