Mizoram launches 4 digital finance systems to tighten public spending

Aizawl, Oct 16 (UNI) The Mizoram government has launched four digital financial management systems, including online expenditure sanctions, electronic budget preparation and direct transfer of scheme benefits to beneficiaries' bank accounts, in a move aimed at improving transparency and preventing spending beyond approved budget allocations. Chief Minister Lalduhoma launched the Mizoram Integrated Works Accounts System (MIWAS), e-Sanction, e-Budget and a 100 per cent Direct Benefit Transfer (DBT) system at the Chief Minister's Office in Aizawl on Friday. The initiatives have been implemented by the Finance Department to improve the monitoring, processing and disbursement of public funds. MIWAS will be introduced…