payments Implementation of e-Kuber system of Reserve Bank of India crediting directly to the account of the f benefic Orders

GOVERNMENT OF TELANGANA ABSTRACT

fectronic Disbursement of Government payments Implementation of e-Kuber system of Reserve Bank of India crediting directly to the account of the f benefic Orders Issued FINANCE (ADMN.I) DEPARTMENT

Dated: 10-10-2018

Read the followings:

OMs.No.165 Ms.No.213.Fin& Plg. (FW.PSC) Department, dated. 19.12.1997
2. Ms.No.65,Fin &Plg.(FW.PSC) Department, dated. 17.05.1999
3. G.OMNo.90, Finance (TFR) Department, dt.31.01.2002 O.Ms No.507, Finance (TFR) Department, dt. 10.04.2002 ircálaf Memo. No.1225/163/TFR.I1/2006, dt.21.06.2006 of Fin. Department s.No.48, Finance (TFR) Department, dated. 19.02.2014 emo No.138/36/TFR/2014, dated. 19.02.2014 of Fin. (TFR) 8. G.o.Ms.No.129, Finance (PSc) Department, dated 29.05.2014 Department.

ORDER:

   Instructions were issued in the references 1, 2nd and 8h read above, to m credit pension and retirement benefits viz. Retirement Gratuity, Commuted Value directly into the savings bank account of the pensioner/legal heir through link f and life time arrears bank.

2. payments to the emnloyees In the references 3rd to 6th read above, instructions were issued to credit all ing loans and advances, directly into the savings bank account

3. In the reference 7 processed through Treasuries. ere issued to implement electronic payments to the beneficiaries' bank accounts, in respect of all bills

4. The State Government has reviewed the existing mode of payments made by the Treasuries/PAO/DWA viz; the Electronic payments or E-Payments and observe that the existing system suffers from the following shortcomings. i. Delay in transmission of fund to the payees account i. Parking of funds in DDO's Current Account and CINB Accounts of Treasuries beyond the permissible period ii. Difficulty in monitoring of the cash balance with DDOs, and CINB Accounts Risk of vouchers being missed in course of physical transmission of bills/cheque's to the Treasury Linked Bank. Delay in receipt of physical scroll from the Banks as well as' vouchers for accounting iv. v. vi Delay in scroll rounding and vii. Reconciliation issues s. In view of the shortcomings of the existing system, Government decided to examine an alternate mode of payment system and in pursuit of it had deputed the senior officials of DTA to payments done through e-kuber system of Reserve Bank of India. The study team consisting of the officials of DTA had submitted a detailed report on the said state of Orissa to study the alternate model of e- model and after examining the report submitted by DTA, Government had deputec another team of senior oficials of Finance Department and DTA headed by the Secretary to Finance (IF) to study the implemerntation of e-kuber system of RBI in the State of Karnataka.

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