Cashless Transaction (India)
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Cashless Transaction (Bharat) refers to the Cashless India[1] Campaign and e-Khareed Portal.[2] The former brought about by Indian Prime Minister Narendra Modi' Digital India initiative and indirectly by the 2016 Indian banknote demonetisation in an effort to remove Indian black money. The latter brought about by Indian Prime Minister Manmohan Singh in 2012 to reduce corruption in India and increase transparency in Government procurement processes.
Cashless India[edit]
The basic requirement, to make a cashless transaction, is to have a sim card activated, feature phone, mobile phone or a smart phone. The instructions to operate the transaction, will be delivered on dialing a specific number from, customer phone.[3] The vendor also needs to be registered with a National Bank which will provide the vendor, with a code.
e-Khareed[edit]
ई-खरीद (Hindi) e-Khareed / e-Procurement Portal was created to provide a single point access to the information on procurement made across various Government of India Ministries and the line Departments.
Awareness Program[edit]
Prime Minister Narendra Modi, has expressed his views, on moving towards a cashless economy and creating an Indian Cashless society, for betterment of Indian economy and encouraged people of India, to use cashless transactions, consider mobile phone usage, as a wallet and a bank.
The awareness program related to implementation of cashless transactions, amongst vendors and shopkeepers, is under a schedule to be executed.
Initation by States of India[edit]
Goa[edit]
Goa, is likely to implement the cashless transaction.
Andhra Pradesh[edit]
Andhra Pradesh Government is likely to launch a Mobile app for the people, to implement for cashless transaction in the State.
Odisha[edit]
Odisha Government has asked National Banks cooperation for, usage of cashless transactions by people. In Bhubaneswar, a awareness program was initiated mutually by East Coast Railway and State Bank of India on cashless transaction operations.
Haryana[edit]
Haryana Government, in support of cashless transactions, has implemented, methods to improve electronic payment transactions. The “e-Kharid” portal is a joint initiative of the Haryana State Agricultural Marketing Board and the Department of Food & Supplies, Govt. of Haryana.
Delhi[edit]
In New Delhi to create awareness, for cashless transactions, The Parliament of India, started staff food canteen, to which payment on purchases by staff members, will be made by cashless transaction. The BJP party Delhi unit, launched an initiative, of mobile phone usage as a tool for cashless transaction.
See also[edit]
References[edit]
- ↑ "Cashless India Government Website".
- ↑ "Government of India Central Public eProcurement Portal".
- ↑ "Cashless transaction in India". The Times of India. 27 November 2016.
External links[edit]
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