Appointment of Smt. Archana Nigam as Controller General of Accounts, Ministry of Finance, Department of Expenditure
Smt. Archana Nigam, an Officer of the 1981 batch of the Indian Civil Accounts Service, has taken over as Controller General of Accounts, Department of Expenditure, Ministry of Finance on 1st of January, 2017. Smt. Nigam has vast experience in Accounting and Finance having worked in various capacities in a number of Ministries of Government of India in her career spanning 35 years.
A Graduate in Psychology (Hons.) from Lady Shri Ram College, Smt. Nigam is also a Law Graduate from the Faculty of Law, University of Delhi & an MBA (Finance) from Narsee Monjee Institute of Management Studies (NMIMS), University of Mumbai; she has also to her credit an M.Phil in Public Administration.
Smt. Archana Nigam has a keen interest in working towards attaining greater transparency and accountability in the area of Public Financial Management in social sectors like Health, Education and Rural Development to facilitate poverty alleviation. Towards this end, Smt. Archana Nigam did seminal work in the setting up of the Public Financial Management System (PFMS) (then known as CPSMS), in the year 2007-08 as a web based monitoring and tracking system for all Plan schemes and as a Decision Support System for decision making in Government. Smt. Archana Nigam has an abiding interest in projects aimed at building capacity in Institutions and developing Internal Control systems and Preventive Audit. Towards this end, she contributed significantly by introducing the Risk Based Audit paradigm and use of Data analytics by the Indian Civil Accounts Department (ICAD).
In her last posting before taking over as CGA, Smt. Archana Nigam has been involved in the critical task of setting up of the Accounting Framework for the GST regime to be launched by Government in the next Financial Year. Pr. CCA, being the designated Central Accounting Authority for GST, the office under her guidance has contributed significantly towards development of the Payment & Accounting Procedures for the new GST regime.
In addition, a Draft Payment and Accounting Procedure has also been prepared under her supervision for use by Central and State Accounting Authorities for GST Accounting.
For the first time, a performance matrix for assessing the performance of various authorized banks has also been attempted with reference to Government Banking. A Banking Authorization Reference Model (BARM) has been prepared, defining IT benchmarks that should govern the Banking arrangements for revenue as well as other Government Banking functions.
Smt. Archana Nigam is also a resource person for delivering lectures in the areas of Public Expenditure Management specially Accounting and Budgetary Reforms in addition to the use of IT for audit.