Odisha Government to accept payments through Cyber Treasury
Friday, June 29, 2012
Odisha Government to accept payments through Cyber Treasury

Report by OD bureau; Bhubaneswar: In order to widen the reach of the e-governance initiative taken earlier for electronic receipt of Govt. dues, Government of Odisha in Finance Department in Office Memorandum No. 24108, dated 27.06.2012 have decided to accept payments on account of all Government receipts through the accredited banks of Cyber Treasury from the members of the public whether or not they have internet banking account said Minister Finance, Public Enterprises & Excise, Prafulla Chandra Ghadai. The reporting and accounting of these receipts will be made through Reserve Bank of India and Cyber Treasury.

 Minister Ghadai informed that the benefits of the new system are manifold, viz; multiple Government receipts can be carried through a single banking transaction, offline payments through cash, Cheque & Draft etc. can be made through electronic challans at the CBS enabled branches of the  accredited banks of Cyber Treasury after installation of necessary IT infrastructure. In addition to Net Banking facility, electronic payment can be made through Debit Cards of accredited banks of Cyber Treasury. Reporting & accounting of these transactions will be made through R.B.I. and Cyber Treasury ensuring faster credit of receipts into the Government account.

 The new model for reporting and accounting of electronic receipts through Reserve Bank of India and Cyber Treasury will be effective from 1st July, 2012. Processing of offline payments through cash, Cheque & Draft etc. through electronic mode by the CBS enabled branches of the accredited Banks of Cyber Treasury will take effect after creation of necessary IT enabled infrastructure by the respective agencies.

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