Wednesday, December 6, 2023

R.S. Sharma orders on-line allotment of funds for all departments

Ranchi, Jan 29: Chief Secretary R.S. Sharma today said that in the next financial year (by 1st of April, 2014) it would be mandatory for all departments to make on on-line allotment of funds and sanction orders. So far, only Water Resources, Finance and Irrigation Departments are practicing it.

At a meeting regarding Integrated Financial Management System (IFMS) held at Project Building with Finance Department, Sharma also stressed on computerization of GPF for real-time monitoring. He asked to incorporate back-end system for checking missing credit of GPF.

Chief Secretary suggested incorporating digital certificate in Fund Management System and Treasury Application for logging and data encryption. He said that Department should do undertake a thorough study on the physical transmission of passed treasury bills to the banks so that there is no logical error.

Chief Secretary asked the department to broaden the Management Information Systems (MIS) of Treasury system by adding Treasury trends like revenue received, expenditure trends, number of Bills passed, withdrawal pattern and other graphical information on the homepage.

He said that this trend analysis would help in spotting the irregularities in the system.
Finance Secretary Department A.P. Singh, Industries Secretary Aradhna Patnaik along with other officials were present at the meeting.

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