Payments through Electronic Funds Transfer System (ECS/RTGS)

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Payments through Electronic Funds Transfer System (ECS/RTGS) It may be recalled that most of the releases of funds consequent to the expenditure sanction by the government have already started through ECS/RTGS thereby expediting work and improving efficiency at different levels. This would also help in avoiding the phenomenon of stale cheques. However, in a recent internal audit it was ob .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X