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Meghalaya Govt signs two MoUs with SBI for digital transaction

Press Trust of India  |  Shillong 

today signed two MoUs with the of as a part of an initiative towards migrating transactions to mode.

"The department signed two MoUs with the of for their SBIePay and CMP facilities," secretary Sanjay Goyal said.

With implementation of the Goods and Services (GST), these MoUs are expected to give dealers and other citizens the desired platform for conducting financial transactions with the state on a platform, Goyal said.

The state government has already established a new treasury called as Cyber Treasury, which dedicatedly handles all online transactions of government receipts across the state centrally for a few selected departments, he said.

The state government will now escalate its transactions for collection of and non-through the online system - Government Receipt Accounting System (GRAS) covering all departments in a phased manner, Goyal said.

GRAS is being implemented in coordination with NIC, Shillong. This facility will be available through the gateway provided by SBIePay under the MoU, he said.

CMP will help the state government to make its payments online and will reduce paper work and manual reconciliation of government transactions, he said.

The MoU was signed by Goyal on behalf of the state government and DGM Rajeev Arora.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, June 19 2017. 21:42 IST