Abolishing Treasury system

Treasury system or the system of receipt and payment prevailing in the State today is the same that existed during the British rule. The administration of our State under the rule of Dogra ruling house was the replica of the British rule over India. A slew of rules that were framed by the then rulers have continued till date maybe with some minor or major amendments and reforms. In this background, the system of Treasury introduced by the Maharajas was also based on how the British rulers planned for the rest of the country.
Experience has shown that those rules governing the system of Treasury can no more hold good for the present needs of society. That is why the State Finance Minister had last year announced that that treasury system would be abolished and replaced with Pay and Accounts Office as that was more customer-friendly. People were happy to know that the new system of PAC would help them to reduce the hassle of cooling one’s feet at the doorsteps of Treasury officers. The new system is scientifically tested and would be welcome to the customers.
But alas! More than a year has gone by and the dispensing with the old treasury system and ushering in the new PAO system is nowhere in sight. What the Finance Minister had said on the floor of the house has not been either accepted or just delayed leading to the displeasure of the Legislature. We are told that delay has happened owing to resolving the technicalities. That may be the case but there has to be a limit to that exercise also. It is also just possible that vested interests would not like the shift owing to the deep interests they have. However, all this notwithstanding, the abolishing of treasuries and opening the new system are unavoidable given the media hype that it has got. We hope the implementation of FM’s new scheme will be implemented sooner this year.