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CASHLESS MONEY TRANSACTIONS
Satya MicroCapital collects Rs 100 crore through cashless transactions18% was collected by the MFI in the first year of its operations, 40% in the second year and 42% during the first half of 2019.- Note ban in Naxal bastion: How demonetisation helped create a cashless village in DantewadaIn Palnar, the number of mobile phones has increased from 240 in October 2016 to 850 — all smartphones now, the Chinese handset Gionee bein...
- Cash is king: Year after note ban India still remains a cash economyToday there are more than a dozen ways to pay digitally yet people find reaching out for cash in their wallet the easiest way to pay.
- This Gujarat town now 90% digital as PM Narendra Modi has envisionedShops and existing business entities at the town are equipped with PoS machines, major online wallet options and interface apps like UPI an...
- Upgrade or be deprived of government facilities: Radha Mohan Singh to the co-operatives"It is my humble advice to all the cooperative institutions to ensure its contribution in the overall development of the society by adoptin...
- Demonetisation unnecessary and a total failure: Prithviraj ChavanThe objective with which this decision was taken has not succeeded, Chavan said, commenting on 50-day since Modi announced the decision.
- Not difficult to have 50% cashless payments in Goa: Manohar ParrikarPointing out that Goa government departments are also increasingly going cashless, Parrikar said there are some difficulties to make revenu...
- Going cashless is an important way for the economy to grow: Arun JaitleyFinance Minister said if the economy is run with complete honesty many issues will be solved automatically.
- Even if 15-20% of transactions are cashless, it will be an achievement: MoS GangwarGangwar said cashless transactions will be an effective way to attain transparency, even if one-fifth of transactions were to take place sa...
- Demonetisation: Modi govt is betting its future on digital India. Will it bear good results?Majority of online transactions with the govt attract a convenience fee which is the reverse of what the govt is talking about regarding di...
- Large volumes of cash source of corruption: PM Narendra ModiAsserting that in 21st century India, there is no place for corruption, Modi said, "Corruption slows down growth and takes a toll on the dr...
- Maharashtra gets its first 'cashless village'"In this journey, Dhasai has emerged as the first cashless village in the state. Maharashtra, too, will soon become a cashless state," he s...
- PM Narendra Modi's cabinet charts out a roadmap for cashless paymentsMonday’s meeting was preceded by a meeting last week, which was attended by power minister Goyal and IT minister Prasad to evolve a strateg...
- Pay with Ola Money at over 25 major utilitiesBy selecting the 'Bill Payment' option on the Ola Money app and selecting their utility provider, users can instantly pay their utility bil...
- Strict laws to be used to deal with 'benami' transactions: PM Narendra ModiWith Jan Dhan accounts witnessing a surge in deposits, the PM said that the strict 'benami' law would be implemented against such transacti...
- People reluctant but plastic money safer: Rathore on cashless economyWe want to take entire India towards cashless economy. We want to reduce the use of cash in the day-to-day lives. We want to go for plastic...
- Narendra Modi calls for making India a cashless society in 'Mann Ki Baat'The prime minister also said the move towards such a society was being enabled by the government's JAM initiative -- Jan Dhan Yojana, Aadha...
- Curbing black money: Government plans to promote cashless economyThe government is looking at a slew of measures to promote cashless economy, including creating an ecosystem to incentivise cashless transa...
- RBI discussion paper on cashless economy shortly: PadmanabhanPadmanabhan said we need to look at solutions which will take into consideration the local conditions and make cashless transactions easy.
- Cashless banking best solution for black money problem: Narendra ModiModi today said this can be the best solution for the problem of black money, even as he asked banks to look for ways to discourage people ...
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