Madhya Pradesh Food and Civil Supplies Corporation has decided to use the software prepared by NIC instead of the software of the Bank of Maharashtra. With this, the Corporation will save several crores. Action has been initiated on the instructions of Food, Civil Supplies and Consumer Protection Minister Shri Govind Singh Rajput to take necessary measures to strengthen the financial condition of the corporation.
The work of collecting money demand letters sent by the districts and providing funds to them was done through the software provided by Madhya Pradesh State Civil Supplies Corporation, Bank of Maharashtra. On one hand, it took a lot of time to complete the entire process of providing funds to the districts through this software, while on the other hand, due to keeping the funds in bank accounts, the corporation had to bear unnecessary financial burden in the form of interest on it.
Managing Director Madhya Pradesh State Civil Supplies Corporation Shri P.N. Yadav has said that this problem has been solved through online software developed by NIC. Due to this, the time taken for the entire process of demand from the districts and providing funds to them has reduced significantly. Besides, a situation of savings has been created from the interest expenses incurred due to keeping unnecessary funds at the district level. Other resources have also been saved.
The software developed by NIC is more secure because it is OTP based. Various riders have been installed to control the demands made by the districts through this software. Effective control is also being established on various office expenses like taxi fare, stationery, telephone, computer maintenance expenses, and various incidental expenses. These changes made by the corporation are likely to result in annual savings of several crores.
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
