(T.S)
Union Minister for Finance & Corporate Affairs Nirmala Sitharaman launched the electronic bill (e-Bill) processing system, announced in Union Budget 2022-23, on the occasion of the 46th Civil Accounts Day today at Dr Ambedkar International Centre. Talking about the e-Bill processing system initiative, Sitharaman said that this is part of ‘Ease of Doing Business (EoDB) and Digital India eco-system’ to bring in broader transparency and expedite the process of payments.
It will enhance transparency, efficiency and faceless-paperless payment system by allowing suppliers and contractors to submit their claim online which will be trackable on real-time basis, she added.