Page-3 of Cashless Economy
Union Government announces package for promotion of digital & cashless economy
The Union Government has announced package of incentives and measures for promotion of digital and cashless economy in the country. It was announced to supplement the surge in the digital transactions aftermath demonetisation of old Rs.500 and Rs.1,000 notes for ..
Month: Current Affairs - December, 2016
Assam’s Hailakandi becomes 1st district to pay cashless transactions wages
Hailakandi district of Assam has become the first district to pay wages to tea garden workers through individual bank accounts. It completed this task before the December 15, 2016 deadline set by the state government for cashless transactions of salary ..
Month: Current Affairs - December, 2016
Union HRD Ministry launches Vittiya Saksharata Abhiyan
Vittiya Saksharata Abhiyan (VISAKA) was launched by the Union Ministry for Human Resource Development (HRD) to make people aware about cashless economic system. It was launched by Union HRD minister Prakash Javadekar in New Delhi. It is campaign by Higher ..
Month: Current Affairs - December, 2016
Akodara becomes India’s first Digital Village
Akodara village in Sabarkantha district of Gujarat has earned the coveted tag of becoming India’s first digital village. The village with a total population of 1,191 people and 250 households uses a various cashless system for payments of goods and ..
Month: Current Affairs - November, 2016
Union Government constitutes Amitabh Kant Committee to push cashless transactions
The Union Government has constituted a new committee to form a strategy to expedite the process of transforming India into a cashless economy. The committee will be headed by Niti Aayog CEO Amitabh Kant. It has been tasked with identifying ..
Month: Current Affairs - November, 2016
Union Government constitutes Committee to suggest steps to promote card payments
The Union Finance Ministry has constituted 11 members high-level committee to suggest steps to promote card payments with an aim to discourage cash transactions. The 11-member committee will be headed by Principle Adviser for social sector in NITI Aayog and ..