Following Prime Minister Narendra Modi's push for a digital economy, the Central Board of Secondary Education (CBSE) has asked all its affiliated schools to start collecting fees through cashless transactions from January 2017.
In a letter to the schools, CBSE secretary Joseph Emmanuel hailed the benefits of cashless transactions and said that the CBSE has brought e-payment facilities for the collection of examination fees, affiliation and various activities including payments to its examination functionaries.
The Board has been directing its affiliated schools to disburse salary to staff through bank transfers. Further, with a view to reduce cash transactions at schools, all CBSE affiliated schools shall introduce fee collection from students only online or through non-cash mode from the next quarter commencing from January 2017.Joseph Emmanuel
Schools should also work to make all the payments for their various services, procurements, wages to contractual workers and other transactions cashless, Emmanuel said.
Schools have been asked to promote cashless transactions and motivate students to do the same by creating awareness about it.
(With inputs from PTI)
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