Treasury transactions rs. 33,728 cr payment – 165 lakh vouchers

WELCOME

TREASURY TRANSACTIONS

• RS.33,728 CR PAYMENT – 165 LAKH VOUCHERS.

• RS.29,218 CR RECEIPT – 120 LAKH CHALLANS.

• 21,000 DEPARTMENTAL DRAWING OFFICERS.

• 7 LAKH GOVT & GIA EMPLOYEES SALARIES.

• 3.6 LAKH PENSIONS THRU PSB/TREASURY.

• HANDLE MORE THAN 2500 DEPOSIT A/cs.

• RENDERING OF A/CS TO AG & ZPS MLY.

• 14 LAKH OAP / PHP / DWP THRU M.Os.

DEFICIENCIES IN THE MANUAL SYSTEM

• OVERDRAWALS OF FUNDS.

• FRAUDULENT WITHDRAWALS.

• MISCLASSIFICATION OF EXP.

• NON RECONCILIATION OF A/Cs.

• DELAY IN FINALISATION OF A/Cs.

• DELAY IN SETTLING THE CLAIMS.

APPLICATION SOFTWARE MODULES

• PAYMENTS

• RECEIPTS

• DEPOSITS

• PENSIONS

• STAMPS

• SOCIAL SECURITY PENSIONS (OAP/DWP/PHP )

• REPORTS

• ACCOUNTS

• HOUSE KEEPING

• MASTER MAINTENANCE

REPORTS FOR BETTER CASH FLOW MANAGEMENT

• RBD (DAYWISE) - CASH INFLOW OUTFLOW DETAILS
• CASH OUTFLOW - CHEQUES ISSUED
• PENDING BILLS
• REAL TIME INFO ON STATE EXPENDITURE FOR CLOSER MONITORING
• EFFECTIVE WAYS & MEANS CONTROL THROUGH THE SYSTEM

BENEFITS-TRANSPARENCY

• SYSTEM DECIDES THE SENIORITY OF THE BILL

• FIFO - ENSURES THAT THE BILLS ARE CLEARED SENIORITYWISE

• IVRS - ELIMINATES THE NEED TO APPROACH THE OFFICIALS FOR INFORMATION

• PRINTED OBJECTION SLIPS -ENSURE CLARITY ABOUT SHORTCOMINGS

• INFORMATION ON WEB - FOR EFFECTIVE DISSEMINATION (TO BE IMPLEMENTED SHORTLY)

YEAR END OPERATIONS

• Earlier Scenario

• Treasuries were kept open for a week or two even after the start of the next financial year.
• Large number of bills presented on last day.
• Lack of time for scrutiny, more pressure.

• After Computerization

• All bills are to be submitted and cleared by
• 12 midnight 31st March.
• The next years budget comes into operation from 1st April.
• A calendar prescribed well in time specifying cut off dates for different kinds of bills.

THANK YOU