CBSE Affiliated Schools To Go For Cashless Transactions From January
**Bhubaneswar: ** All the CBSE affiliated schools are directed by the Board secretary Joseph Emmanuel to collect fees online or via cashless modes of payment from January 1, the quarter which commences next year.
In an effort to reduce the cash transactions, the CBSE secretary has issued a directive to affiliated schools to reduce cash transactions and promote cashless transactions from the next year.
The letter states: “With a view to reduce cash transactions at schools, all CBSE-affiliated schools shall introduce online fee collection or through non-cash mode from the next quarter commencing from January 2017.”
The Board has also asked affiliated schools to disburse salary to staff through bank transfers, to make all payments for availing themselves of various services and procurements, as well as wages for contractual workers, in non-cash mode.
While the letter does not mention anything but it is obvious that the step is in line with the government’s demonetisation decision. The Board, in its letter, has focused on the advantages of digital money. The letter states: “The benefits of cashless transactions are enormous and the CBSE has introduced e-payment facilities for collection of fee for examination, affiliation and various activities including payments to its examination functionaries.”
As of now, most of the schools offer non-cash modes for fee payment and hence most schools welcomed the decision.
Moreover, the Board has directed the concerned school authorities to motivate students of senior classes to embark on promotional initiatives in their neighbourhoods to promote cashless transactions.