Dimapur, June 9 (EMN): The University Grants Commission (UGC) has issued an advisory to all higher educational institutions that all monetary transactions of the educational institutions may be done using digital modes of payment (viz online IMPS/BHIM/Debit Cards/AEPS) under the National Digital Payments Mission (NDPM) of MHRD.
UGC has desired on reference of Ministry of Human Resource Development (MHRD), Government of India, that transaction to digital mode bring transparency and propriety:
- All receipts and payments related to the functioning of the institutions vis. Student fees, exam fees, vendor payments, salary/wage payments etc. shall be made only through online or digital modes.
- For all students' service in the hostel and otherwise digital mode should be used for all transactions.
- All Canteens and business establishments on the campus may be encouraged to use only digital modes for their receipts and payments.
Secretary of UGC Prof. Dr. Jaspal S. Sandhu has notified all administrators and students in higher educational institutions, and agencies/vendors running canteens and other business establishments on the campuses, may be trained in using the BHIM app by linking their bank accounts with the mobile number/Aadhaar number.
The action plan of the above points is to identify all transactions being carried out in cash currently and find ways for replacing them with digital modes so that implementation can begin from the forthcoming academic year.
The plan may, inter alia, consists (i) points of financial transaction (ii) total number of students/vendors and others in the campus (iii) number of likely transactions per month (iv) total digital transactions to be achieved in 2017-18.
To achieve this effort, institutions may appoint a Nodal officer in their university so that necessary action can be initiated in a time bound manner and in the affiliated Colleges.
Institutions were also requested to forward monthly report on the above to UGC through email i.e. usc.ndpm@omail.com for compilation and onward transmission to the MHRD.
