The new digital invoice (e-Bill) processing system will cease any potential ‘rent seeking’ within the clearance of dues to contractors or suppliers of presidency departments, Finance Minister Nirmala Sitharaman mentioned.
The e-Bill processing system, introduced within the Budget, was launched on Wednesday throughout an occasion to mark the forty sixth Civil Accounts Day. It will probably be carried out throughout eight ministries on pilot foundation after which in all central ministries and departments, and suppliers and contractors will now be capable to submit their claims on-line, which may be tracked on a real-time foundation.
Sitharaman mentioned it will guarantee end-to-end digitisation and make the cost course of clear by utilizing expertise not simply throughout the authorities departments, however extending the second leg to the citizen’s use. The e-Bill, she mentioned, will shut even “any small window which is available” for “misuse in terms of rent-seeking”, as a contractor or provider to the federal government will be capable to file their claims digitally.
“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,” the Finance Minister mentioned.
