February 24, 2012

e-payment for all govt transactions over Rs 1,000

All government payments over Rs 1,000 should be made or received electronically.

 
New Delhi,Feb24,2012(TNN): A Nandan Nilekani-headed panel has recommended that all government payments over Rs 1,000 should be made or received electronically as this would help reduce graft and bring about greater transparency and accountability.
The final report of the task force on Aadhar-Enabled Unified Payment structure has also recommended that beneficiaries of all social safety net programmes such as the Mahatma Gandhi National Rural Employment Guarantee Act and recipients of direct subsidy transfer payments (cooking gas, fertilisers, kerosene, etc) can benefit by receiving their payments electronically, directly into their accounts at either banks or post offices.
In order to reduce the use of cash in the economy, the task force has said that government and government owned institutions accept electronic payments at all locations where they collect payments from citizens, without any additional surcharge.

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