Direct cash payment system soon : CM

IMPHAL, April 13 MNS NNN: Manipur Chief Minister O Ibobi Singh Saturday said the Finance and Treasury Departments are vital for proper management and maintenance of transaction business in a state like Manipur which is facing regular financial crunch and which has no enough resource of its own. The Chief Minister was addressing the ‘Annual […]

 Chief Minister distributing certificates   during a function of Directorate of Treasuries and Accounts  on Saturday

Chief Minister distributing certificates during a function of Directorate of Treasuries and Accounts on Saturday

IMPHAL, April 13 MNS NNN: Manipur Chief Minister O Ibobi Singh Saturday said the Finance and Treasury Departments are vital for proper management and maintenance of transaction business in a state like Manipur which is facing regular financial crunch and which has no enough resource of its own.
The Chief Minister was addressing the ‘Annual Gathering of officials’ of the state Finance & Treasury Department organised by the Treasury & Accounts at the Banquet Hall of 1st Manipur Rifles here.
He assured that all sorts of payment by the Government will be done through direct cash transfer system soon and the Government is seriously considering toward that end.
All payments in the Treasury are computerized now and hence it has maintained fairness, he said and expressed happiness on this precise system of payment.
“Now, Government employees, pensioners, old age pensioners are being endowed with direct cash transfer facility through their own accounts,” the Chief Minister said.
The deficit at the end of the fiscal year 2013 stood at less than Rs 100 crore as compared to previous year which was totalled at Rs 596 crore, Ibobi said.
He asserted that this was because the Government gave priority only on the necessities and also because it made use of money in a cautious and thrifty manner.
Principal Secretary, Finance, Barun Mitra and Commissioner, Art & Culture, Dr RK Nimai also took part at the function.

Read more / Original news source: http://manipur-mail.com/direct-cash-payment-system-soon-cm/