Postal Dept. rolls out Electronic Fund Management System

NEW DELHI, INDIA: In a written reply to a question in Lok Sabha today, Killi Kruparani, Minister of State for Communications & Information Technology, informed that the Department of Posts has rolled out Electronic Fund Management System (eFMS) in 46 pilot districts of Direct Benefit Transfer (DBT) through post offices enabling electronic credit of wages in worker's accounts for speedy disbursal of wages to workers.

The State Governments have given the responsibility to the post offices to disburse wages to the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) workers.

"Such disbursal of wages is done either through worker's wage accounts or Post Office Savings Bank (POSB) accounts. On receipt of the wage list and funds from the State Government, the post offices credit the amount to the worker's accounts. Workers withdraw the amount from the accounts at their convenience," reads an official release.