Friday, September 21, 2018

TN treasury to go online, cut billing delay

₹289cr System To Cut Time For Settling Bills To 1 Hour


Bosco Dominique & D Govardan TNN

Cuddalore/Chennai: 21.09.2018

Years after the world discovered the benefits of paperless online transactions, the Tamil Nadu government is taking its treasury operations totally online from November 1.

The state will implement an integrated financial and human resource management system (IFHRMS) for ₹289 crore, aimed at doing away with tonnes of paper and putting to proper use the government’s critical manpower resources now running around raising 150 types of bills for payments and settlements.

While the online services to be networked would cover all users coming under the purview of the state’s expenditure and revenue, the biggest beneficiaries could be the state’s nine lakh employees and seven lakh pensioners. The new system will bring down traffic at subtreasuries and district treasuries month-on-month, and reduce the time taken from raising bills to settlement to less than an hour, from the present 12 days average.

For the first time, the service registers (SR) of all state government employees will go digital, thereby doing away with the long-drawn process of tracking their records for promotions and settling their retirement benefits. It will also help make the replacement and recruitment process quicker.

For pensioners, it seeks to remove the anxiety of running from pillar-to-post for updates. Instead, they can now track their enhanced pensions or upload their ‘life certificate’ digitally by using their smartphones or computers. IFHRMS is being executed with Wipro as the system integrator, Accenture Services as project consulting agency and PriceWaterhouseCoopers as the thirdparty audit agency.

“For financial year 2017-18, the Tamil Nadu government handled expenditure and receipts of ₹1.7 lakh crore and ₹1.55 lakh crore. Much of these transactions were done manually, using paper,” said Tenkasi S Jawahar, principal secretary-cum-commissioner (treasuries and accounts).

The system will integrate various stakeholders including the accountant general, Tamil Nadu, controller general of accounts, RBI, Income Tax department, GST network and banks. Around 29,000 drawing and disbursement officers (DDOs) of Tamil Nadu government in the state and in New Delhi will get connected.

“All bills can be settled on the same day of presentation since the payments are routed through RBI’s e-kuber facility and SMS alerts will be sent to beneficiaries. The chief minister, finance minister, chief secretary and finance department senior officials will get to know the real time fund position of the state government,” said Jawahar.

Jawahar has been busy addressing ‘sensitization conferences’ across districts, explaining the new system to 50,000-odd employees involved in treasury operations.

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