News Roundup: Google Doodle Opens up for Voting, Govt To Launch e-Payments Scheme

The Doodle 4 Google challenge is now open for voting and Google has chosen 45 finalists from over 155,000 entries submitted from across the country (voting link).google_doodle_2011

A suggestion : Hey Google India – Have some mercy on the Indian Kid [Doodle]


Indian Government to Launch e-payments scheme

Central Government employees might start receiving SMS’s soon from the government that salary has been credited in bank account. Even retired employees will not have to go to bank to enquire about their pension as they could also be alerted by SMS from the Government.

One of the biggest beneficiaries of the new payment mechanism could be the contractors. Since there will not be any human interface involved in the system, there will be no scope for giving bribery to get payments.

The Government e-Payment Gateway (GePG) would result in the elimination of physical cheque processing system and traditional issues associated with it, which would ensure major cost savings for the department by greatly enhancing the overall payment processing efficiency; Online reverse file (payment scroll) giving MIS on unique e-Authorization ID for all e-payment fund transfers; Online auto-reconciliation to facilitate major savings in time and efforts and speed up the compilation of accounting processes; and Ensuring a secure single point data capture of transaction data thereby eliminating duplication of work and data inconsistency.


Sign Up for nextbigwhat newsletter

The smartest newsletter, partly written by AI.

Download, the short news app for busy professionals