Skip to main content

CTMIS, Bihar Online Treasury System

Department of Finance,Government Of Bihar 

Comprehensive Treasury Management Information System(CTMIS),  Government of Bihar 

To streamline treasury related activities, all treasuries in the state of Bihar are digitally linked under a centralised management system. CTMIS promotes transparency in budgetary movement and hence, helps to make allocation easy and effective.


In the 1990s, fund mismanagement was at an all time high in the state of Bihar. Preparation of budgets and allocation of funds were manual processes. As such, it was difficult to monitor expenditure through paper receipts and controlling, monitoring and analysing of data for improved revenue administration was a great challenge. 

CTMIS has promoted financial discipline in the state of Bihar by linking all treasuries to the Accountant General and the Finance Department. 

This centralised mechanism has made operations transparent and efficient. The reform has achieved a large reduction in time required for carrying out budgetary processes. In the long term, CTMIS will ensure appropriate and effective allocation of public funds.



Get Updates!

Subscribe to the Scholars club email newsletter to receive updates, freebies and exclusives:
Enter your email address:
==>Help us to keep SCHOLARS CLUB running?

Comments

Popular posts from this blog

Get PPO number using Bank Account Number or PF Number in EPFO Website

 

Income Tax New e-Filing Portal www.incometax.gov.in - launch on June 7th

  New e-Filing Portal www.incometax.gov.in launch on June 7th -  existing e-filing portal unavailable from  June 1st to June 6th, 2021 - Plan your work accordingly

Gold Exchange SEBI - Detailed Description about its Trading, Value and Exchange

Indian Gold Exchange Market NEW GOLD EXCHANGE PROPOSED BY SEBI It will transform the way GOLD is TRADED What's the process of Gold Exchange?  Physical Gold to be converted to EGR - Electronic Gold Receipt.  Depositories will inform exchange about EGRs Clearing corporations will settle the trades EGR will be converted to physical Gold Buyers will get it by tendering EGR. WHY this GOLD EXCHANGE : TO TRASNFORM INDIA INTO A CONTROLLING POWER OF GOLD PRICE AND TRACK GOLD IN INDIA. 1. क्या है गोल्ड एक्सचेंज ? गोल्ड एक्सचेंज सेबी का नया प्रपोजल है जिसमे देश में होने वाले गोल्ड ट्रांसक्शन को एक  एक्सचेंज के अंदर लाया जाएगा यह सेबी  एक प्रपोजल पेपर है. इस प्रपोजल के हिसाब से देश में होने वाले गोल ट्रांजैक्शंस के लिए इलेक्ट्रॉनिक गोल्ड रिसीव क्रिएट की जाएंगी। इनको EGR कहा जायेगा। EGR अलग अलग  अमाउंट के लिए  गोल्ड रिसीव क्रिएट  जाएंगे मतलब 5 ग्राम 10 ग्राम और 1 तरीके से स्माल  खरीदारी के लिए  के लिए भी. EGR के ज़रिये ट्रेडिंग कैसे होगी ? इस प्...