Effective public service delivery through innovative governance knowledge exchange
Effective public service delivery through innovative governance knowledge exchange
India approves e-treasury scheme
Under the new e-treasury scheme, approved for Rs 625 crore, state treasuries throughout the country will be computerised to bring about transparency and enhance the efficiency of the public delivery system.

The Government of India has approved the Mission Mode Project for computerization of State Treasuries in the country.
The Scheme, to be implemented in about three years beginning 2010-11, would support States and UTs to fill the existing gap in their treasury computerization, upgradation, expansion, and interface requirements, apart from supporting basic computerization. The scheme covers installation of suitable hardware and application software systems in networked environment on a vide area basis and building interfaces  for data sharing among various statke holders.

The overall cost of the scheme is Rs. 626 crore at Rs. 1 crore per district in existence on 1 April, 2010.

The treasury computerization project is expected to make budgeting processes more efficient, improve cash flow management, promote real-time reconciliation of accounts, strengthen Management Information Systems (MIS), improve accuracy and timeless in accounts preparation, bring about transparency and efficiency in public delivery systems, better financial management along with improved quality of governance in States and Unions Territories.

This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to an Unstarred Question in Rajya Sabha today.

Source: Press Bureau of India