CSIR Submits Annual Accounts for FY 2024–25 to CAG

02 Apr 2025 CW Team

This achievement is the result of coordinated efforts across CSIR Headquarters and its 38 constituent laboratories and institutions across the country. A key factor in this success has been the implementation of the Accounts Management System (AMS) software, developed entirely in-house. Conceptualised and built by a team of CSIR officers, including Shri S.P. Singh, Senior Deputy Financial Adviser; Shri Arvind Khanna, Financial and Accounts Officer; and Ms. Akansha Trehan, Technical Officer, the software has revolutionised financial consolidation by enabling real-time data integration, improving accuracy, and expediting the preparation of accounts.

The initiative was undertaken under the leadership of Dr. N. Kalaiselvi, Director General, CSIR, and Secretary, DSIR, with financial oversight from Shri Chetan Prakash Jain, Joint Secretary and Financial Adviser, CSIR/DSIR. Their guidance has ensured a seamless and efficient financial closure process.

By completing its financial reporting on the very first day of the new financial year, CSIR has set a new benchmark for public financial discipline and administrative excellence. This development serves as an inspiration for other scientific and public sector organisations aiming to enhance their financial efficiency and governance standards. CSIR remains steadfast in its commitment to continuously strengthening its financial systems and best practices in line with principles of good governance.

The Council of Scientific and Industrial Research (CSIR) has set a remarkable benchmark in financial management and institutional efficiency by submitting its Annual Accounts for the Financial Year 2024–25 to the Comptroller and Auditor General (CAG) of India on April 1, 2025. This milestone was achieved three months ahead of the statutory deadline of June 30, 2025, underscoring CSIR’s dedication to financial governance, administrative transparency, and process efficiency. This achievement is the result of coordinated efforts across CSIR Headquarters and its 38 constituent laboratories and institutions across the country. A key factor in this success has been the implementation of the Accounts Management System (AMS) software, developed entirely in-house. Conceptualised and built by a team of CSIR officers, including Shri S.P. Singh, Senior Deputy Financial Adviser; Shri Arvind Khanna, Financial and Accounts Officer; and Ms. Akansha Trehan, Technical Officer, the software has revolutionised financial consolidation by enabling real-time data integration, improving accuracy, and expediting the preparation of accounts. The initiative was undertaken under the leadership of Dr. N. Kalaiselvi, Director General, CSIR, and Secretary, DSIR, with financial oversight from Shri Chetan Prakash Jain, Joint Secretary and Financial Adviser, CSIR/DSIR. Their guidance has ensured a seamless and efficient financial closure process. By completing its financial reporting on the very first day of the new financial year, CSIR has set a new benchmark for public financial discipline and administrative excellence. This development serves as an inspiration for other scientific and public sector organisations aiming to enhance their financial efficiency and governance standards. CSIR remains steadfast in its commitment to continuously strengthening its financial systems and best practices in line with principles of good governance.

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