The Government of Assam has set-up the Assam Society for Comprehensive Financial Management System (ASCFMS) a Special Purpose Vehicle for implementing and managing Public Financial Management Reforms including IT – related projects in the Finance Department and other revenue departments including externally aided projects within the State.
It has two-tier administrative structure- Governing Body (GB) chaired by the Honourable Chief Minister and Executive Committee (EC) chaired by the Chief Secretary. Project Director and an Additional Project Director leads the Project Management Unit set-up comprising a balanced mix of experienced domain experts and young executives.
The primary objectives of the Project are:
- Improvement in predictability and transparency in budget execution
- Efficiency in tax administration in Assam
Finance Department, Office of Commissioner of Taxes, Department of Excise and Department of Information Technology are the key beneficiaries of the Project.
Industry: Finance & Insurance, Public Administration