About BEAMS :-
Budget, Estimation, Allocation & Monitoring System is an online computerised web based application for preparation and authorization of budget. It enables online flow of resources and the departments can allocate funds to their field offices through this system.
It is an initiative for paper less budgeting process with objective of facilitating easy coordination among DDOs, 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 delays in authorizations, ineffective monitoring and budget control.
It helps to keep checks and balances on diversion and blockage of funds.
Significantly the BEAMS MIS generates various reports on budget authorization and expenditure which can be viewed any time.