New Delhi: The University Grants Commission (UGC) today issued strict warning to institutions for not adopting the Expenditure, Advance and Transfer (EAT) Modules of the Public Financial Management System (PFMS).
The UGC has reportedly implemented the PEMS to ensure complete tracking of funds released to the grantee institutions and their further expenditure up to the end-mile beneficiary.
However, UGC has found that some of the beneficiary institutions, though registered under the PFMS have not yet adopted the EAT Modules. Therefore, the Commission has decided that the grantee institutions of UGC shall take immediate steps to follow the guideline.
As per the release of UGC, "All the grantee institutions of UGC shall mandatorily start using the EAT Modules of the PFMS on real-time basis positively by 10.11.2019. All the payments to the beneficiaries/vendors by the grantee institutions shall also be made only through the EAT Module.
The grantee Institutions shall send the EAT report (downloaded from PFMS portal) of their expenditure of grants received from UGC under different schemes along with Utilization Certificate duly signed by the Head of the Institution.
The grantee institutions shall further ensure updating/ posting/ reconciliation of their 'Unspent Balance' position on PFMS portal positively by 31.10.2019," read the statement.
UGC further said that the Head of the institutions shall be responsible for any lapse/shortcoming/irregularity in fully implementing the EAT Modules of the PFMS on real-time basis.
Meanwhile, the commission informed that no further grants will be released to the grantee institutions unless they fully implement the EAT Module of PFMS and send the EAT expenditure report to UGC.