Mentor’s comment- https://www.livemint.com/opinion/online-views/opinion-how-pfms-is-ensuring-transformation-through-digital-inclusion-11611914036703.html In the intro, briefly introduce PFMS. In the body, discuss the role played by PFMS in increasing accountability and transparency. Also mention the mandate of PFMS which includes tracking of fund flow in its role as financial management platform, information on fund utilisation etc. Conclude by mentioning the need for improvement in … Continue reading Governance in India has long been marred with structural challenges like transparency, lack of accountability and sustainable and inclusive growth. In light of this, discuss the role played by the Public Financial Management System in tackling these challenges. 10 marks