To achieve aim of paperless budget, J&K to adopt BEAMS

In bid to have a paperless budget from next year, the Jammu and Kashmir government has decided to adopt Budget Estimation Allocation Management System (BEAMS) in the state which will “ensure better cash management and monitoring system”.

“The government will adopt Budget Estimation Allocation Management System (BEAMS), being developed by National Informatics Centre (NIC), for the preparation of future budget,” Minister for Finance A Drabu said. “It will help in bringing better cash management, financial reporting and monitoring system,” he added.