Page-2 of Cashless society Current Affairs, GK & News
India is witnessing a paradigm shift towards a digital economy and a major financial revolution. In pursuit of its efforts to move towards a cashless economy the Government of India has launched “Vittiya Saksharta Abhiyan” to promote active participation of youth of Higher Educational Institutions to motivate all payers and payees to be embrace cashless ..
The NITI Aayog has constituted a 13 member Committee on promotion of cashless society and digital economy. It will be headed by Andhra Pradesh Chief Minister Chandrababu Naidu. Chief Ministers of Odisha, Madhya Pradesh, Sikkim, Puducherry and Maharashtra representing different political parties are its members. It been constituted in line with the Union Government’s thinking ..
Akodara, a small village in Sabarkantha district of Gujarat has earned the distinction of becoming the country’s first digital village. The village with a small community of 1200 people has gone completely cashless. The village was adopted and developed by the ICICI foundation as a digitised village. All transactions in the village be it a ..
Finance Minister Arun Jaitley has asked banks to push for cashless transactions by promoting digital banking in mission mode. Post demonetisation, the government not only aims to weed out black money but also encourages digital payments to steer the Indian economy increasingly towards digital transactions. Banks have been advised to focus on alternative banking channels ..
Topics: Banking in India • Cashless society • Debit card • Digital currency • E-commerce • Economy • Financial services • Interbank networks • Mobile payments in India • Money • National Payments Corporation of India • Payment systems