Accounts & Audit Module Launched on UMEED Central Portal to Strengthen Financial Governance of Waqf Institutions

**Executive Summary** The Ministry of Minority Affairs has launched an Accounts & Audit Module on the UMEED Central Portal to enhance financial governance of Waqf institutions. This digital framework aims to streamline the recording and management of financial transactions and facilitate the automated calculation and payment of statutory contributions. The module was launched on March 13, 2026. **Key Points / Main Content** * **Accounts & Audit Module Launch** * Launched by Dr. Chandra Shekhar Kumar, Secretary, Ministry of Minority Affairs. * Aimed at strengthening transparency and accountability in Waqf institution management. * Part of the UMEED Central Portal (2025). * **Module Functionality** * Provides a structured digital framework for recording and managing financial transactions of Waqf institutions. * Enables systematic capture of details on income and expenditure of Waqf properties and institutions. * Ensures proper maintenance of financial records. * **Key Features** * Automated calculation and payment of statutory contributions to respective State Waqf Boards via the portal. * Facilitates greater transparency and improves compliance with statutory requirements. * Enables efficient monitoring of financial activities related to Waqf institutions. * **Broader Objectives** * Supports timely collection of funds for the welfare and development of the poor, women, and orphans who are beneficiaries of Waqf properties. * Enhances financial governance and oversight in the functioning of Waqf institutions. * Aims to create a transparent, accountable, and technology-driven system for Waqf property management. **Impact Analysis** **Waqf Institutions** * **Impact:** Will be required to use the new digital framework for recording and managing their financial transactions, including income, expenditure, and statutory contributions. This will lead to increased transparency and accountability in their financial operations. * **Action Required:** Utilize the Accounts & Audit Module on the UMEED Central Portal for financial record-keeping and contribution payments. **State Waqf Boards** * **Impact:** Will receive statutory contributions calculated and paid through the UMEED Central Portal, potentially streamlining the collection process. They will also benefit from improved monitoring of financial activities of Waqf institutions. * **Action Required:** Facilitate the use of the portal for contribution payments and leverage the monitoring capabilities. **Beneficiaries of Waqf Properties (Poor, Women, Orphans)** * **Impact:** Expected to benefit from improved financial management and timely collection of funds allocated for their welfare and development. * **Action Required:** No direct action is required from beneficiaries, but they are the intended recipients of the improved governance. **Ministry of Minority Affairs** * **Impact:** Will have enhanced capabilities to monitor the financial governance and activities of Waqf institutions across the country, ensuring greater transparency and accountability. * **Action Required:** Continue efforts to ensure smooth implementation, conduct review meetings, organize training, set up help desks, and provide technical support for the UMEED Central Portal and its modules.

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