Earlier, CBSE used to conduct the process of payment with several manual checks by the officials.
The Central Board of Secondary Education (CBSE) on October 12 informed about its decision on adopting a reliable payment mechanism for the management and disbursement of various payments through the Integrated Payment System (IPS). Earlier, CBSE used to conduct the process of payment with several manual checks by the officials. For exam duties, after performing checks, the CBSE used to distribute the money to the centre superintendents, who would further disburse the payments to the various functionaries. With the help of IPS the process will be cut short and hassle-free.
The introduction of a normative payment system through the Integrated Payment System (IPS) allows for automatic calculations which eradicate the need for human intervention. IPS enables direct bank transfers of honorarium and TA/DA to the intended payee after the submission of inspection reports in case of inspection duties and duty compilation certificate in case of exam duties or other such supporting documents.
The process has been made easy through software integration with the bank payment gateway. The system has considerably improved the ease of undertaking such transactions. IPS relies on self-declaration/certification.
Automatic validation checks is also allowed under IPS which not only reduce the time taken to complete the payment process but also reduces the possibility of committing false transactions and non-genuine disbursements.
The features of the newly developed IPS are in consonance with the principles of Ease of Doing Business (EoDB) and Ease of Living (EoL), and has been implemented successfully for Affiliation Inspection Payment, Board and CTET examination duty payments.
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