MP to implement integrated financial management system: Dy CM

29 Nov, 2024 11:49 PM
MP to implement integrated financial management system: Dy CM
Bhopal, Nov 29 (IANS) Madhya Pradesh Deputy Chief Minister Jagdish Devda on Friday said the state government is all set to implement an integrated financial management system soon.

The software system, which will be based on intelligence and machine learning, will help to make the financial data secure and more transparent.

He said that the entire financial data of such a large number of government officers and employees will be managed using artificial intelligence and machine learning.

Devda, who also holds the portfolio of finance minister, said that the state is going to become the leading state of the country in the field of financial management.

"As many as 10.2 lakh employees of the state, 5.6 lakh pensioners, 5917 disbursement offices, and all departments will benefit from the software," Devda said.

He added that more than 3.5 crore financial transactions of the state government will be done every year through the software, which will be completely paperless and the application software will be user-friendly.

Devda said for this purpose, the state finance department is developing financial management software in line with global technological innovations.

"Around 28 companies from the IT sector from across the world have shown their interest in developing the software," he added.

Devda claimed Madhya Pradesh will be the leading state of the country, where the financial data of such a large number of government officers and employees will be managed using artificial intelligence and machine learning.

Earlier, the Deputy Chief Minister participated in the important meeting in Ujjain Division in the presence of Regional Organization General Secretary Ajay Jamwal and discussed the related topics in detail.

"On this occasion, Ujjain division in-charge Jeetu Jirati, all the district presidents and MLAs of the division were present," the Deputy Chief Minister wrote on X.

Words: 283


Disclaimer   The information contained in this website is for general information purposes only. The information is provided by geo24news.com and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.

If you are not willing to accept this disclaimer then we recommend reading news post in its original language.




 

 

Scroll to Top