311/2025-2026

Dated Aizawl, the 18th December, 2025 : The Reserve Bank of India (RBI) organised a workshop on Government Banking and Accounting for Finance Officers of the Government of Mizoram during December 15–17. The programme was designed to strengthen the knowledge and professional capacity of State Government officials in the areas of government financial management, accounting procedures, digital payment systems, cash management, and public debt management.

The workshop was conducted in two phases. The first phase was held at the Department of Government Banking & Accounts (DGBA), Reserve Bank of India, Mumbai, while the second phase was conducted at the RBI’s Central Accounts Section (CAS) at Nagpur.

During the Mumbai phase, participants were sensitised on the role of the Reserve Bank of India as banker to the Central and State Governments, the functioning of RBI’s flagship system e-Kuber for processing e-Payments and e-Receipts, the newly introduced SNA SPARSH framework for release of funds under Centrally Sponsored Schemes (CSS), and the operational aspects of Open Market Borrowings (OMB). These initiatives are expected to contribute to greater efficiency, transparency and accuracy in government cash and financial management.

The Nagpur phase focused on training related to the processing of inter-governmental transactions across the country, maintenance of Central and State Government accounts, RBI’s role in managing State investments in the bond market, and fund management through instruments such as the Consolidated Sinking Fund (CSF) and the Guarantee Redemption Fund (GRF). The sessions were followed by interactive question-and-answer discussions.

During the workshop, RBI officials noted that Mizoram has not entered into overdraft in recent times and highlighted that the State is among those demonstrating sound cash management practices among small states. They also acknowledged significant progress made by the State in e-Payments through the State IFMIS, while emphasising the need to further strengthen efforts in the area of e-Receipts. The Mizoram delegation informed of the need to expedite the opening of RBI accounts for implementation of SNA SPARSH. RBI officials further assured that they remain committed to extending prompt cooperation and support to State Governments in addressing operational challenges arising from the adoption of new systems and procedures.

Senior officials of the Reserve Bank of India, including Shri Sivakumar Bose, Chief General Manager, along with several General Managers and other officials, delivered presentations during the workshop. The delegation from the Government of Mizoram was led by Shri Rosiamliana, Deputy Secretary, Finance Department.