West Bengal To Pay Land Sellers Only Through Cheques
The West Bengal government has decided to make payments through cheques, instead of the Direct Benefit Transfer (DBT), to land sellers as they are not turning up in government offices at the time of registration.
A notification issued by the West Bengal Finance Department On December 19 said that to ensure the presence of sellers at the additional district sub-registrar (ADSR) office at the time of registration, the state government had decided that instead of making payments through the DBT, the tresury officer concerned would issue cheque in favour of the sellers on request of the drawing officer.
As of now, private lands are being purchased directly from sellers for implementing important government projects and payments are being made through the real-time gross settlement (RTGS) to the bank accounts of the sellers through Integrated Financial Management Systems (IFMS).
With inputs from Housing News