The Minister for Road Transport & Highways, Shipping, Water Resources, River Development and Ganga Rejuvenation Shri Nitin Gadkari launched Bidder Information Management System (BIMS) and Bhoomi Rashi and PFMS linkage – two IT initiatives of the Road Transport & Highways Ministry that are aimed at expediting pre construction processes relating to bidding and land acquisition respectively. The Minister also announced institution of Annual Awards for Excellence in National Highways Projects from this year onwards.
PFMS is a web-based online software application developed and implemented by the Office of Controller General of Accounts (CGA). to facilitate sound public financial management system for Government of India (GoI) It provides various stakeholders with a real time, reliable and meaningful management information system and an effective decision support system, as part of the Digital India initiative of GoI. With integration of Bhoomi Rashi with PFMS, payment of Compensation by the Ministry to the beneficiaries will be just-in-time, and without any parking of funds.