Introduction of Electronic Clearing Service a boon for state directorate of treasuries

815

IMPHAL, April 23: The state directorate of treasuries has been accurate in maintaining the payment of pensions, bills, receipt of money through government challans with the completion of the computerization of all necessary data of various state departments of their various expenditures incurred from both plan and non plan money in the state.
According to an official source the treasury establishment of Manipur was initially managed by the state finance department until 1981 and the directorate of Treasuries & Accounts came into being in the same year.
It further mentioned that at present there are 11 district Treasuries and five sub-Treasuries in the state and that out of 16 disbursing treasury offices in the state except for the Jiribam treasury all the remaining 15 offices are banking treasuries.In order to maintain a proper functioning during financial disbursement to the various state departments, the state directorate of treasuries had introduced computerization of all dealings including the payment of pension, bill payments, receipt of money through government challan, accounting process, etc.
The same source mentioned that network connectivity of the 11 treasury offices five Sub-Treasuries and the directorate of Treasuries & Accounts had been a major hindrance during consolidation of the real time financial transaction of the treasuries and in order to solved the connectivity problem the offices are connected using BSNL Broad Band, in addition to earlier existing connectivity.
It further mentioned that with the implementation of the Electronic Clearing Service(ECS) for payment of salaries, the state Directorate of Treasuries has achieved another financial order in its dealing. Payment of monthly salaries for all DDOs (Drawing and Disbursal  Officers) numbering around 450 around the Imphal area are being done using the ECS. The ECS payment for credit of government employees; salaries is the first of its kind in the whole North-East.
However the ECS payment system will be introduced in other states of the North east from the next financial year.
The official source revealed that with the ECs payment system the salaries and other personal entitlements of the government employees are going directly into the employees personal bank accounts. It has led to faster transfer of fund on a settlement date, and the payment mechanism is very safe, secured transparent and accountable. Chances of misappropriation and tracking of payment is guaranteed the source added.
The official source also further mentioned that the State Directorate of Treasuries, has also introduced, Record Management, Cataloging of Pension Papers, Bills & Accounting Records, Filling System. The situation of records keeping in almost all offices is far from satisfactory. Treasuries which were depositories of almost all financial related records were nothing better than the other offices, the official source added.

LEAVE A REPLY

Please enter your comment!
Please enter your name here