 The current program-specific MISs operate with time lags and do not give a clear picture of funds remaining unutilized in each fiscal year.While funds released by the central government are immediately booked as expenditure in the Central Government accounts, utilization in the field takes time and while commercial banks enjoy the float, the Central Government must borrow to meet its fiscal deficit.This is attributable to the absence of a system that could quickly provide consolidated or granular information on utilization, advances, fund transfers or bank balances across schemes, districts, blocks or institutions.