Under Mission Development: JKPaySys ensuring single day payments in JK treasuries
Srinagar, Mar 17:
Among many of the reforms taken by J&K administration, the business of
government treasuries has also been made simple and less hectic.
This has been
made possible with the help of several IT-based tools and programmes. The
paperwork in the treasuries of Jammu and Kashmir has now been reduced to a
greater extent. Instead, the bills are generated and submitted for payment
using the help of Information Technology-based platforms.
The IT tool that
has been introduced by J&K Finance Department to ease the business and make
the transactions smooth and hassle-free is—JKPaySys– an electronic payment
system for disbursing government payments. JK Payment System (PayManager)
provides the common and integrated platform for DDOs to prepare all types of
bills for booking of expenditure.
The software not
only provides the facilities for pay bill preparation but also preparation of
Arrears, Bonus, and Leave encashment bills. It has been initially introduced in
nine treasuries including the one in civil secretariat involving around 1300
Drawing and Disbursing Officers (DDOs), transacting their daily business
The system is
highly efficient in a way that it lessens the chances of creeping of error into
the bill making as it by default conducts the pre-audit of claims raised
through it. Besides the budget is also controlled through this system that
makes keeping track of the same a single click away from both the DDOs and Pay
&Accounts Officers (PAOs). All this has made the disbursement of payments
by the treasuries simple and swift. Now no bill remains un-disbursed in the
treasuries for more than a single working day, if it is genuine and meets other
codal formalities, as claimed by the officials.
The system has
enhanced transparency, accountability and accuracy in government transactions.
The system is integrated with other applications of the Finance Department like
Centralised Personnel Information system (CPIS), Budget Estimation, Allocation
and Monitoring System (BEAMS), TreasuryNet under the Integrated Financial
Management System (IFMS). This happens to be the reliant database from which
the relevant data is mined for uploading on this platform and is therefore
The system is
more important and beneficial for employees working on government
establishment. The salary bills of government employees are prepared on this
system, submitted online and the bills are processed and disbursed directly
into the beneficiaries’ accounts by treasury officers on a real-time basis.
Moreover, it enables preparation and modification of bills without manual
interventions. Even the reports of pay bill, GPF, NPS, Income tax, Increments,
salary slips, last pay certificates, acquaintance role, SLI and other
insurances are viewed online.
tool that is coming up as a viable core banking solution on real-time fund
management is RBI devised ‘E-Kuber’. It is a standardised e-payment model that
enables a completely automated process of fund flow yet ensures proper
accounting, reconciliation, reporting and real-time credit to the
beneficiaries. It happens to be the single point of release of payments,
acceptance of confirmation hence real-time fund management.
developed application TreasuryNet is integrated with e-Kuber and has already
been tested successfully. The transition would enable flexibility to operate a
single account for entire payment with decentralised access to account from
anywhere, anytime using portal-based service in a very secure manner. The
safety features in this mechanism are highly advanced thereby ensuring secure
and safe payments with greater time efficiency.
are proving revolutionary in making the overall business of treasuries smooth
and efficient. Moreover, the additional steps in the pipeline would make it
easier and people-friendly, meeting the true vision of good governance in the
times to come.