Encourage and ensure cashless transactions: HRD minister to educational instituteshttps://indianexpress.com/article/education/encourage-and-ensure-cashless-transactions-hrd-minister-to-educational-institutes/

Encourage and ensure cashless transactions: HRD minister to educational institutes

In a series of tweets, HRD Minister informed that all Institutions have been asked to ensure cashless transactions done through debit/credit cards, online transfers, RTGS, cheques

The Union Human Resource Development ministry is encouraging educational institutions to go for cashless transactions and also to create awareness among the public regarding digital ways to make payments. The HRD minister Prakash Javadekar on November 28 chaired a meeting of top ministry officials and heads of Boards and Councils associated with his ministry and reviewed steps to encourage cashless transactions.

“All Institutions have been asked to encourage and ensure cashless transactions are done through debit/credit cards, online transfers, RTGS, cheques,” Javadekar tweeted.

In another tweet, he informed that directions have already been given to all educational institutions to encourage and ensure cashless transactions.

Prime Minister Narendra Modi, in his recent ‘Mann ki Baat’, had urged the youth to go to 10 families and small businessmen and teach them how to use mobile technology to carry out digital transactions which, he said, were “safe and secure.”

Such drives should be carried out in schools, colleges, NCC and NSS, Modi had said, adding that the “youths are agents of change”.

The Ministry has alos issued a circular to educational institutions, including the IITs, to receive payments in digital mode, officials said on Monday.


“We have received a circular from the ministry that all payments ‘must’ be received in digital mode,” an official at the IIT-Kharagpur said. The circular follows the central government’s demonetisation initiative

— with inputs from PTI and IANS

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