Punjab Disburse 7281 Crore Online Payments In First Quarter-Dhindsa

14 Lac Plus Benefited From Online Payments,IFM System Running Successfully In All 21 Treasury Offices

5 Dariya News

Chandigarh 09-Jul-2013

The computerization of entire treasury offices in Punjab ensuring all Government Payments online proved a grand success with  Punjab becoming first successful state in the country to disburse more than Rs. 7281 crore to more than 14 lakh beneficiaries in first quarter by online system.  

 Disclosing this here today Mr. Parminder Singh Dhindsa, Finance Minister, Punjab said that crediting online payments was successfully running in the whole state. He said that through this recently implemented system of online payments to various departments, authorities besides salaries of government officials/employees, Punjab has credited Rs. 7281 crore 85 lacs and 98352 in a short span of three months.

He said that Integrated Financial Management System (IFMS) has been monitoring the system of online payments from its inception on 1st April, 2013 and Punjab has become the country's first state to start this programme. He said that all government payments from 1st April, 2013 were being deposited directly in the bank accounts of concerned departments and authorities. He said 14 lakh 32566 people were directly benefitted with this scheme.

The Finance Minister further said that E-Payment system was implemented in all Government Offices/Departments, whose transactions were done through treasury offices. He said that 21 Treasury Offices in the state has implemented the E-payment system while besides these offices all 64 sub treasuries were running this system in the state.He added that from July 1, 2013 Punjab has set a new milestone by starting the whole work online, which would prove to be a major step to ensure paperless administration in releasing funds to various departments in the entire state. He said that no physical files would be required to be submitted now.