About Us
Ladakh Integrated Financial Management System (LIFMS) is a web based application for online budgeting which includes Preparation & Authorization of Budget and Expenditure Monitoring on Real time basis. It is an initiative for paper less budgeting process with the objective of facilitating easy coordination among DDO’s, HODs, Administrative Departments and Finance Department. It supports reliable, accurate and better monitoring control for budget planning and expenditure audit, besides real time reconciliation of accounts in comparison to manual budgeting process which lacks transparency and is beset with difficulties due to time delay in authorizations, ineffective monitoring and budget control. Steps have also been taken to bring preparation of Annual Action Plan in to LIFMS Platform.
Read More
