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This Article is From Mar 02, 2022

E-Bill System To Cut Down Delays In Processing Payments: Finance Minister

The e-bill processing system will help in cutting down delays in payment processing and claims of contractors and suppliers would be settled digitally

E-Bill System To Cut Down Delays In Processing Payments: Finance Minister
Newly introduced e-bill system will help process payments digitally
New Delhi:

Finance minister Nirmala Sitharaman on Wednesday said that the new electronic bill (e-Bill) processing system - which was announced in the budget - will help in cutting down delays in payment processing and all claims of contractors and suppliers would be settled digitally.

The e-Bill processing system was launched on Wednesday and will be implemented across all central ministries and departments and suppliers and contractors will now be able to submit their claim online, which will be trackable on a real-time basis.

Speaking on the occasion of the 46th Civil Accounts Day, Ms Sitharaman said this will ensure end-to-end digitisation and make the payment process transparent by using technology not just within the government departments, but extending the second leg to the citizen's use.

The e-Bill processing system will also shut even "any small window which is available" for "misuse in terms of rent-seeking", as a contractor or supplier to the government will be able to file their claims digitally, the finance minister said.

"Put your claim with digital signatures, and you do not have to come to government offices. Your payment reaches (to you) as soon as your claim reaches with a digital signature," Ms Sitharaman said.

The civil accounts officers, she said, have ensured that the common man who works with the government will not have to wait for months, or not even go and meet officials, seeking the release of their dues.

Giving details of the e-Bill system, additional controller general of accounts Dharitri Panda said currently, the claimants are required to submit physical copies of bills to the departments for scrutiny. With the e-Bill initiative, claimants would be able to submit digitally signed bills and check status without approaching offices.

The e-Bill system has been rolled out on a pilot basis in eight ministries. It will be implemented in all ministries and departments in a phased manner in 2022-23. 

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