Uttarakhand Public Financial Management Strengthening Project

The development objective of Uttarakhand Public Financial Management (PFM) Strengthening Project for India is to enhance accountability in public finances and increase effectiveness of revenue management systems in Uttarakhand. This project has four components. 1) The first component, Strengthening the Public Financial Management Functions, aims to support strengthening of PFM institutional framework and systems and improve capacity in the areas of cash and debt management, public audit, planning, budgeting, and capital expenditure management, public procurement, and support measures to improve transparency of budget and procurement information. 2) The second component, Strengthening Revenue Management Systems, aims to finance activities that will enhance OSR through a combination of policy measures, improving efficiency of tax administration in key revenue‐generating departments or agencies (excise, tourism, and ULBs) by strengthening institutional capacities and enhancing eservices for taxpayers to facilitate better compliance. 3) The third component, Strengthening PFM in Urban Local Bodies and State‐Owned Enterprises, aims to support strengthening PFM and improving accountability in Urban Local Bodies (ULBs) and selected State‐Owned Enterprises (SOEs) by strengthening accounting, financial reporting, and oversight. 4) The fourth component, Project Management and Monitoring and Evaluation, aims to support costs on implementation, coordination, monitoring, and evaluation.