Chandigarh: The Local Government Department is all set to launch a drive towards gradual paperless governance from October 1. Towards this end, the Local Government Department and PMIDC has organized “Consultative Workshop on Municipal Accounting Reforms Transparency, Robust Finances, and Future Growth” here today.
Addressing officials of the department, accountants, DCFAs, and CAs of cities and trusts in the state Punjab present in the conference, Principal Secretary Local Government Vivek Pratap Singh said, that Local Government Minister Dr Inderbir Singh Nijjar is keen to implement the ‘Double Entry Based Accrual Accounting’ (DEBAA), hence the department has initiated municipal financial reforms for transparency in urban local services, strengthening financial management, removing financial deficiencies and future-oriented development.
He informed that after implementing online system DEBAA, the department and its wings spread across the state will be easily audited, prior budget proposal can be made effortlessly and officials posted at two places will be able to easily work at both their places. With this, the municipal financial reforms will further strengthen transparency and financial management in urban local services, he said, adding that after implementing DEBAA properly in Punjab; daily account closing will be mandatory, opening balances of all cities will be compiled and new and latest softwares will be rolled out.
He said that this system will increase transparency in Urban Governance, make cities creditworthy, decrease chances of misuse of municipal properties, and make budget formation and finance management more efficient for administrators.
Officers of egov foundation, NIC and Examiner Local Fund Audit (ELFA) took part in the Conference to understand software requirements.