Quick Summary
Finance Minister Smt. Nirmala Sitharaman launches e-Bill processing system on 46th Civil Accounts Day E-Bill system, announced in Union Budget 2022-23, to bring broader transparency and expedite process of payments Union Minister for Finance Corporate Affairs Smt. Nirmala Sitharaman launched
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FAQ :
The e-Bill system is a new initiative launched by the Finance Minister to enable paperless submission and end-to-end digital processing of bills for government ministries and departments.
The system aims to provide convenience to vendors by allowing anytime, anywhere bill submission, eliminate physical interfaces, enhance processing efficiency, and reduce discretion through a 'First-In-First-Out' method.
Vendors can upload their bills and supporting documents online with a digital signature, or use an e-sign facility with Aadhaar, eliminating the need to visit government offices.
Yes, under the new e-Bill system, vendors will be able to track the status of their bill processing online in real-time.
The pilot phase includes Pay and Accounting Units from the Ministries of Food Processing Industry, Pharmaceuticals, Science and Technology, Expenditure, New and Renewable Energy, Home Affairs, Steel, and Electronics and Information Technology.
By eliminating the need for millions of paper bills annually, the e-Bill system is environmentally friendly and will save tonnes of paper.
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