Online budget system in Haryana from April 2010

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Chandigarh: Haryana is all set to introduce the concept of online budget system and an electronic payment system in the state from April 1, officials said Friday.

This system was inaugurated by Chief Secretary Urvashi Gulati Friday and it would be adopted throughout the state in the coming days.

"This fully automatic online electronic system will change the financial transaction scenario in the state treasuries. Haryana will now have this distinction of having complete transparency in treasury operations," an official spokesperson said.

He said the system will enable authorities keep updated information and online track of the funds and thus help in keeping a better tab on the cash inflow and outflow.

"This would help in facilitating better planning of funds, timely availability of receipts and payment information at all levels and generation of all types of reports."
Source: IANS
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