Sitharaman launches e-Bill system for Central Government Ministries
ECONOMY & POLICY

Sitharaman launches e-Bill system for Central Government Ministries

On the 46th Civil Accounts Day, the Minister for Finance & Corporate Affairs Nirmala Sitharaman launched the e-Bill system for Central Government Ministries.

The e-Bill system has been initially launched in nine Pay and Accounting Units of different central ministries and departments, comprising Ministry of Food Processing Industry, Department of Science and Technology, Ministry of Science and Technology, Department of Expenditure, Ministry of Finance (MoF), Ministry of Home Affairs, Ministry of Steel, Ministry of Electronics and Information Technology and New and Renewable Energy.

The new system will assist vendors and suppliers to present their bills claims at any time and from anywhere, eradicating the physical interface between suppliers and government officers.

The government employees are required to present hard copies of their claims.

At the backend additionally, the processing of bills is done via a mixed system of physical and digital modes.

It needs the claimants to visit the government offices to deliver bills.

For those not having a digital signature, the facility of e-sign utilising Aadhaar has additionally been rendered in the new system.

At the backend also, the electronic bill received will be processed by the officials digitally at every stage and finally, the payments will be credited digitally to the bank account of the vendor. The vendor or supplier would be able to track the status of the processing of their bills online. Therefore, the new system will draw in a lot of efficiency and transparency in the system and is a big citizen-centric decision of the Government of India.

The e-Bill system has been made by the Public Financial Management System (PFMS) Division in the office of the Controller General of Accounts in the Department of Expenditure, Ministry of Finance.

In addition to encouraging ease of doing business and bringing convenience to lakhs of vendors or suppliers, the e-Bill system will be environment friendly, eradicating the requirement to present crores of paper bills annually and will, therefore, save tonnes of paper every year. The e-Bill system has a detailed digital storage facility for the retrieval of documents and a robust audit trail.

Image Source

Also read: Budget 2022: Nirmala Sitharaman announces budget for FY 2022-23

On the 46th Civil Accounts Day, the Minister for Finance & Corporate Affairs Nirmala Sitharaman launched the e-Bill system for Central Government Ministries. The e-Bill system has been initially launched in nine Pay and Accounting Units of different central ministries and departments, comprising Ministry of Food Processing Industry, Department of Science and Technology, Ministry of Science and Technology, Department of Expenditure, Ministry of Finance (MoF), Ministry of Home Affairs, Ministry of Steel, Ministry of Electronics and Information Technology and New and Renewable Energy. The new system will assist vendors and suppliers to present their bills claims at any time and from anywhere, eradicating the physical interface between suppliers and government officers. The government employees are required to present hard copies of their claims. At the backend additionally, the processing of bills is done via a mixed system of physical and digital modes. It needs the claimants to visit the government offices to deliver bills. For those not having a digital signature, the facility of e-sign utilising Aadhaar has additionally been rendered in the new system. At the backend also, the electronic bill received will be processed by the officials digitally at every stage and finally, the payments will be credited digitally to the bank account of the vendor. The vendor or supplier would be able to track the status of the processing of their bills online. Therefore, the new system will draw in a lot of efficiency and transparency in the system and is a big citizen-centric decision of the Government of India. The e-Bill system has been made by the Public Financial Management System (PFMS) Division in the office of the Controller General of Accounts in the Department of Expenditure, Ministry of Finance. In addition to encouraging ease of doing business and bringing convenience to lakhs of vendors or suppliers, the e-Bill system will be environment friendly, eradicating the requirement to present crores of paper bills annually and will, therefore, save tonnes of paper every year. The e-Bill system has a detailed digital storage facility for the retrieval of documents and a robust audit trail. Image Source Also read: Budget 2022: Nirmala Sitharaman announces budget for FY 2022-23

Next Story
Real Estate

Della, Hiranandani & Krisala unveil Rs 11 billion themed township in Pune

In a first-of-its-kind initiative, Della Resorts & Adventure has partnered with Hiranandani Communities and Krisala Developers to develop a Rs 11 billion racecourse-themed township in North Hinjewadi, Pune. Based on Della’s proprietary CDDMO™ model, the hospitality-led, design-driven project aims to deliver up to 9 per cent returns—significantly higher than the typical 3 per cent in residential real estate.Spanning 40 acres within a 105-acre master plan, the mega township will feature an 8-acre racecourse and international polo club, 128 private villa plots, 112 resort residences, a ..

Next Story
Real Estate

Hansgrohe unveils LavaPura Element S e-toilets in India

Hansgrohe India has launched its latest innovation, the LavaPura Element S e-toilet series, introducing a new standard in hygiene-focused, smart bathroom solutions tailored for Indian homes and high-end hospitality spaces.Blending German engineering with minimalist aesthetics, the LavaPura Element S combines intuitive features with advanced hygiene technology. The series is designed for easy installation and optimal performance under Indian conditions, reinforcing the brand’s focus on functional elegance and modern convenience.“With evolving consumer preferences, smart bathrooms are no lon..

Next Story
Infrastructure Urban

HCC Net Profit Stands at Rs 2.28 Billion for Q4 FY25

Hindustan Construction Company (HCC) reported a standalone net profit of Rs 2.28 billion in Q4 FY25, a sharp increase from Rs 388 million in Q4 FY24. Standalone revenue for the quarter stood at Rs 13.30 billion, compared to Rs 14.28 billion in Q4 FY24. For the full fiscal year, the company reported a standalone net profit of Rs 849 million, down from Rs 1.79 billion in FY24. Standalone revenue for FY25 was Rs 48.01 billion, compared to Rs 50.43 billion in the previous year.Consolidated revenue for Q4 FY25 stood at Rs 13.74 billion, and for FY25 at Rs 56.03 billion, down from Rs 17.73 billion i..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?