<p>The Basavaraj Bommai-led finance department has roped in a consultant from accounting firm Grant Thornton to help the government develop in-house, glitch-free capacity to run Khajane-2, the flagship software that forms the backbone of the treasury. </p>.<p>Running Khajane-2 on its own will determine the government’s efficiency in spending, including payment of salaries. </p>.<p>At present, Khajane-2 is run by IT major TCS that built the system for the government. </p>.<p>Khajane-2, an integrated financial management system, handles the government’s money. It also gives real-time information on receipts, fund releases and expenditure. </p>.<p>Grant Thornton will deploy consultant Vijay Krishnan who will handhold authorities to take over the system. He will get a monthly paycheck of Rs 2.22 lakh for his expertise, according to a notification. </p>.<p>This is the latest in a series of hires the government has done during the rollout of Khajane-2, which reportedly suffered from glitches that affected disbursal of funds. </p>.<p>A senior official said the system is now capable of being run by internal staffers. </p>.<p>It was in 2013 that the government inked a six-year deal with TCS to establish Khajane-2 for automation in treasury and finance functions. It replaced Khajane-1 that was in use since 2001. </p>.<p>"The migration process of moving from Khajane-1 to Khajane-2 started four years ago," the official said, adding that several departments were laggards in switching to the new system. "Last year, there was a final push. Now, all departments are on board and every payment happens through Khajane-2," the official explained. </p>.<p>"TCS is still involved as of now, but we are building in-house capacity so that the system will be run on a sustainable basis by our own people. It’s always good that way because nobody else understands the system better," the official said. </p>.<p>The department earlier used consultancy services from PricewaterhouseCoopers (PwC). "We are now diversifying our resources," Commissioner of Treasuries Ujjwal Kumar Ghosh said. </p>
<p>The Basavaraj Bommai-led finance department has roped in a consultant from accounting firm Grant Thornton to help the government develop in-house, glitch-free capacity to run Khajane-2, the flagship software that forms the backbone of the treasury. </p>.<p>Running Khajane-2 on its own will determine the government’s efficiency in spending, including payment of salaries. </p>.<p>At present, Khajane-2 is run by IT major TCS that built the system for the government. </p>.<p>Khajane-2, an integrated financial management system, handles the government’s money. It also gives real-time information on receipts, fund releases and expenditure. </p>.<p>Grant Thornton will deploy consultant Vijay Krishnan who will handhold authorities to take over the system. He will get a monthly paycheck of Rs 2.22 lakh for his expertise, according to a notification. </p>.<p>This is the latest in a series of hires the government has done during the rollout of Khajane-2, which reportedly suffered from glitches that affected disbursal of funds. </p>.<p>A senior official said the system is now capable of being run by internal staffers. </p>.<p>It was in 2013 that the government inked a six-year deal with TCS to establish Khajane-2 for automation in treasury and finance functions. It replaced Khajane-1 that was in use since 2001. </p>.<p>"The migration process of moving from Khajane-1 to Khajane-2 started four years ago," the official said, adding that several departments were laggards in switching to the new system. "Last year, there was a final push. Now, all departments are on board and every payment happens through Khajane-2," the official explained. </p>.<p>"TCS is still involved as of now, but we are building in-house capacity so that the system will be run on a sustainable basis by our own people. It’s always good that way because nobody else understands the system better," the official said. </p>.<p>The department earlier used consultancy services from PricewaterhouseCoopers (PwC). "We are now diversifying our resources," Commissioner of Treasuries Ujjwal Kumar Ghosh said. </p>
