FM Launches E-Bill system to enable paperless submission

Last Updated On: March 7, 2022, 11:53 p.m.
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FM LAUNCHES E-BILL SYSTEM TO ENABLE PAPERLESS SUBMISSION

The Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman launched the Electronic Bill (e-Bill) processing system, announced in Union Budget 2022-23,

Along with Finance Minister as Chief Guest, Finance Secretary Dr. T.V. Somanathan; Smt. Sonali Singh, Head of the Organisation of Controller General of Accounts (CGA); Smt. Dharitri Panda, Additional CGA (PFMS) and Smt. Bharati Das, Principal CGA (MHA) also graced the occasion besides other senior dignitaries from the CGA and Ministry of Finance.

Talking about the e-Bill processing system initiative, Smt. Sitharaman said that this is part of ‘Ease of Doing Business (EoDB) and Digital India ecosystem to bring in broader transparency and expedite the process of payments. It will enhance transparency, efficiency, and a faceless-paperless payment system by allowing suppliers and contractors to submit their claims online which will be trackable on a real-time basis,

With Reference to the critical role played by the CGA, the Finance Minister lauded the CGA in keeping Government transactions seamless and ensuring smooth payments besides keeping the economy of the country moving ahead. Smt. Sitharaman mentioned the successful implementation of Treasury Single Accounts (TSA), Direct Benefit Transfer (DBT), and PAHAL through Public Financial Management System (PFMS) is a case in point

 

The Finance Minister said that TSA System has developed a “Just in Time” fund release mechanism and has been implemented across 150 Autonomous Bodies of Central Government; while PFMS has evolved as an efficient tool to maintain transparency, facilitating speedy payment and an instrument of Government outreach to the last beneficiary

Smt. Sitharaman stated that the CGA has been managing public finance by adapting technology, thereby stopping the pilferage of public money and ensuring that benefits reach directly to citizens.

 

What are the objectives of launching this system:

  • Reduce discretion in the processing of bills through the “First-In-First-Out”(FIFO) method.
  • Provide convenience to all vendors/suppliers of the government to submit their bills/claims at any time, from anywhere
  • Eliminate physical interface between suppliers and government officers.
  • Enhance efficiency in the processing of bills/claims.


 

 

In the current situation, the suppliers of various goods and services to the Government have to submit physical, ink signed copies of their bills to the respective Ministries/Departments/offices of the Government of India.  Similarly, government employees also need to submit hard copies of their claims. 

At the backend too, the processing of bills is done through a mixed system of physical and digital modes. So the suppliers/vendors or their representatives need to visit the offices to deliver bills.

The newly launched e-Bill system, vendors/suppliers can upload their bills online along with supporting documents from the convenience of their homes/offices at any time through digital signature.  For those not having a digital signature, the facility of e-sign using the Aadhaar has also been provided. So, the suppliers will no longer be required to visit the offices concerned for this purpose.  At the back end too, the electronic bill received will be processed by the authorities digitally at every stage and finally, the payments will be credited digitally to the bank account of the vendor. 

The vendor/supplier would be able to track the status of the processing of their bills online. 

Thus, the new system will bring in lot of efficiency and transparency in the system and is a big citizen-centric decision of the Government of India.

 

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