I.D.S.Dhariwal, AG(A&E),Bihar

Minimise Manual procedures

Financial control on transactions

Security of Data

Electronic Exchange of data

Easy and instant Reporting

I.D.S.Dhariwal, A.G.(A&E), Bihar

I.D.S.Dhariwal, A.G.(A&E), Bihar

Finance Deptt

Ministry of Finance Govt. of India

Reserve Bank of India

Departments

Accountant General

Treasuries

Sub-Treasuryies

S B I - local head office

DDO’s

Directorate GPF

Disbursing Banks

Entitlement, Pension

I.D.S.Dhariwal, AG(A&E),Bihar

Treasury Computerisation

Objectives :

• Digitisation of Treasury

• Timely preparation of A/cs

• Quick/ online transfer of data

• Control over budget / Expenditure

Information System :

• Link with Budget

• DDO Code

• Avoid Duplication

• Stratification of Data

Phase - I

Phase - II Phase - III

Management :

• Analysis of Data

• Control Mechanism

Integration of Financial Management

Treasury Computerisation

Digitised Treasury

Digitised Treasury

Budget formulation :

• Quick

• Reasonable

• Consolidation of Local Budget

• Allocation

Communication to Stakeholders

• Finance Deptt.

• Accountant General

• DDOs

• Scheme monitoring

I.D.S.Dhariwal, A.G.(A&E), Bihar

Treasury Computerisation

Benefits

Improves :

1. Financial Discipline

2. Over all Planning

3. Realtime Resource Management

leads to

• Transparency

• Accountability

Provides :

• Control

• Monitoring

• Data Analysis

• Consolidation

• Consistent Information of Expenditure & Revenue

I.D.S.Dhariwal, A.G.(A&E), Bihar

Treasury Computerisation

Future, Expansion and Expectations

Capturing non-treasury transactions

Integration with RBI database

Transparency in Budgeting

Monitoring of Expenditure

Information availability

Improvement in Regulatory measures

Cost effectiveness & sustainability

Check on misuse of Fund

• Consolidate• Aggregate• Disseminate

•Data consistency•Tracking

I.D.S.Dhariwal, A.G.(A&E), Bihar

DEO (P.C.) – Generation of Token

Dealing Assistant – Scrutiny of Bill/Cheque

Accountant – Recheck the scrutinized bill/ Cheque

Treasury Officer- Pass / Reject Bill/Cheque according to the rule.

Bank Payment: Makes the payment and sends the payment scroll back to

treasury

DEO (C.C.) – Entry of Challans

Treasury Module- (From D.E.O. to T.O.)

Treasury Computerisation in Bihar

I.D.S.Dhariwal, A.G.(A&E), Bihar

DDO Module

AG Module

Departments’

Dashboard

TPFIMS Module

Budget Module

Bank Interface

NSDL Interface

GPF Module

AC/DC Module

Allotment feeding Module for Dept. and

DistrictsAudit Module

for World Bank

CPSMS for CGA-Central Govt.

Employee Database

RBI Module

CTMIS

Treasury Computerisation in Bihar

I.D.S.Dhariwal, A.G.(A&E), Bihar

BudgetManagement

System

ConsolidatedInformation

TreasuryManagement

System

DepartmentalSystem

Budget &Allotment

Budgeting &Revision

Data

BanksData

Distribution at DDO level

Budget & Allotment

Payment & Receipt

Accountant General Office

DDOs

Treasury Computerisation

I.D.S.Dhariwal, A.G.(A&E), Bihar

What is CORE Banking Solutions CORE stands for "centralized online real-time exchange".

Method & Benefits of Core Banking Solutions

I.D.S.Dhariwal, AG(A&E),Bihar

Core Financial Management System

• Mixed set of Software

• Automated Process & Procedure Control

• Data Management by Multiple Players

• Require Process Re-engineering

• Electronic Integration

• Minimise / eliminate Manual interference

• Concurrent availability of data from different sources

• Electronic flow of data between stakeholders

• Financial control on transactions

• Information security & Management System

•

Features, Requirement and Benefits :

e-treasury

Net Banking

Centralised Reporting

Query Service

Portals G2G, G2B, G2E

Public – SMS, Web Dedicated Kiosks

Expansion of service

I.D.S.Dhariwal, A.G.(A&E), Bihar

Core Financial Management System

Concerns

CompliancePartnershipLeadership & Authority

Development

Skill StandardSecurity & Privacy

CoordinationTechnical Issues

P & PG2GCommon

Goals

ResourcesRegulations

-- Legal-- Regulations

-- Interface-- interoperability

--Data privacy -- identity theft

-- different level-- up gradation

Elements that can effect the flow of information

I.D.S.Dhariwal, A.G.(A&E), Bihar

Core Financial Management System

Core Integration / e-Governance :

Coordination

• Variation in legal, Regulatory, Administration

• Regime may block flow of information

Leadership Conflict :

• Perceived Benefits

• Motivation

• Indirect factors

Security & Privacy concern

• Individual data

• Risk of information loss

• Inadequate Standards

• Inappropriate user interface

Partnership & Regulations :

• P & P, G2G

• Standardisation

• Monitoring by Regulations

I.D.S.Dhariwal, A.G.(A&E), Bihar

Treasury Interface

• Electronic data of treasury is downloadable by O/o the Accountant General

• It is in the format of text (.csv) files

• It get uploaded into the VLC system, validated and finally respective tables in VLC database is populated.

• At present it satisfy only the Accounting needs

• For detail analysis and investigations further detailed data for Pensioners, advances, GPF etc. may also be integrated with current format

I.D.S.Dhariwal, A.G.(A&E), Bihar

New Format in Finance Accounts Incorporation of Audit Module ( 24 point Ganapathi Committee Report ) Budget data was initially maintained up to subhead level Mapping of State Budget with Central Grants (CPMS ) Treasury Interface must change with new requirements Processing of large number of AC/DC bills

I.D.S.Dhariwal, AG(A&E),Bihar

New Format in Finance Accounts Incorporation of Audit Module ( 24 point Ganapathi Committee Report ) Budget data was initially maintained up to subhead level Mapping of State Budget with Central Grants (CPMS ) Treasury Interface Processing of large number of AC/DC bills

I.D.S.Dhariwal, AG(A&E),Bihar