Digitisation of Government Payments – Payments above INR5,000/- to be made electronically only
A huge number of payments are made by Government Departments every day in the normal course of business To encourage digital payments, Controller General of Accounts, vide Office Memorandum 5 th December 2016, has advised all Government Departments to release all payments above INR5,000/- to suppliers/contractors/grantee/loanee institutions etc be released electronically only. As there was not much progress, Controller General of Accounts vide Office Memorandum dated 28 th June, 2017 sought exception report on the payments above INR5,000/- from the respective Government departments. As the reasons furnished by Government departments were not tenable, Controller General of Accounts, vide Office Memorandum dated 31 st January 2018 reiterat...
