Maharashtra Governor CH Vidyasagar Rao on Thursday asked all universities in the State to shift to electronic transfers or transactions while accepting fees from students or dealing with various stakeholders.
In a letter written to Vice-Chancellors of all 20 Universities in the State, Rao directed the universities to take up a drive for creating awareness about various methods of doing electronic transactions and electronic transfer of money.
The Governor, who is also the chancellor of various universities in the State, asked them to ensure that all the monetary transactions, in the sphere of the Universities, affiliated colleges and those concerning the student community shall henceforth be done through the electronic transfer.
The Governor’s directive came in the wake of various reforms initiated by the Government of India in the financial sector to build a cashless society and to correct 'deficiencies in the system'.
Enclosing separate notes in Hindi and in English on the various methods of doing electronic transactions and transfer of money, the Governor – in his letter -- asked the Vice Chancellors to 'draw up a' detailed time-bound strategy 'based on gaps / needs analysis for all the stakeholders and adopt suitable mechanism to achieve the objective.
The Governor also asked the Vice Chancellors to keep his office posted about the steps taken by the University to comply with his guidelines.
“The Governor expects the Universities to create awareness among the people about cashless transactions and electronic transfers,” a Raj Bhavan spokesperson said.