Question : ELECTRONIC TRANSFER OF FUNDS



(a) whether the Government awarded contact for electronic transfer of funds in rural areas to ICICI bank though the bank have few branches in such areas ;

(b) if so,whether CAG has raised objections to the manner the Government awarded this contract to the said bank;

(c) if so,the details thereof and reasons therefor;

(d) whether the Government have consulted States for such selection of bank; and

(e) if so, the details thereof and corrective measures taken by the Government in this regard?

Answer given by the minister


The Minister of State in the Ministry of Finance(Shri Namo Narain Meena)

(a)to (e): The information is being collected and will be laid on the Table of the House.