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Measures to reduce financial costs through better Cash Management

Measures to reduce financial costs through better Cash Management
Start Date :
Jan 01, 2015
Last Date :
Nov 01, 2014
04:15 AM IST (GMT +5.30 Hrs)
Submission Closed

Suggest measures to achieve reduction in financial costs through better Cash Management System

Suggest measures to achieve reduction in financial costs through better Cash Management System

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Showing 310 Submission(s)
Aswath Narayanan
Aswath Narayanan 11 years 6 months ago
transaction can take place through debit or credit card thus reducing the use of paper for currency and the government can record every transaction
Aswath Narayanan
Aswath Narayanan 11 years 6 months ago
transaction can take place through debit or credit card and thus reduces the use of paper for currency and every single transaction is recorded by govrnment
BALAKRISHNAN ARAPPATH
BALAKRISHNAN ARAPPATH 11 years 6 months ago
Transaction through bank and high valued notes that is,Rs.5000/, 10000/ 20000/ notes issued.cash payment through bank,post office etc. and challan is present and E-payment introduced.
SATISH SAXENA
SATISH SAXENA 11 years 6 months ago
By deleting the corruption from the Central and State Government Departments we can save more and more money of Government of India and as well as of Indian common man. We should struck hard on the corruption by making law by which a perosn should dare to do corruption. The government employee who is found guilty of doing corruption should immediately remove from service without wasting time. Corruption is the only root of all the evils in indian economy.
ajay divan
ajay divan 11 years 6 months ago
I agree with the suggestion of mr Rahul.Agrawal.. This will reduce the operating cos of ATM. The system can be worked out in similar way as the tale-com towers are operating for many service providers.
Rahul Agrawal
Rahul Agrawal 11 years 6 months ago
Post office accounts can also include in this. ATM which can deliver small amount can be installed in village also. As profit can be earned from tair 1 and2 city it can be directed to village.
Rahul Agrawal
Rahul Agrawal 11 years 6 months ago
ATM can play major role in financial inclusion. Now a days different banks are managing their own ATM. I am proposing a different model where a company/psu will manage ATM.By this method there will be reduced burden on bank to manage ATM. This method will make ATM a profitable business. Formula can work out about charges. This will make even co operative bank to serve their small customer better. if new PSU do it will be more profitable as there will be more emphasis on social commitment.
PRASANNA WADEKAR
PRASANNA WADEKAR 11 years 6 months ago
Respected sir, As our government has decided to build statue of unity in the memory of India's first home minister Sardar Vallabhbhai Patel. I have better suggestion and i.e. with amount of 2,979 crore Rs, our government and health ministry can build one hospital at any place for the welfare of Indian society in the name of Sardar Vallabhbhai Patel or we can use this money to build aircraft carriers & name it as "INS polad purush" or any defense related equipments for better security of India.
Rahul Agrawal
Rahul Agrawal 11 years 6 months ago
We should make virtual bank which will be having A/C same of aadhar no. This A/C can be operated through any bank i.e. it will not be back specific account. Money can be withdrawn from this account from any bank. In next few post i will give suggestions making ATM affordable.