Ministers brief PM Modi on progress towards digital payment modehttps://indianexpress.com/article/india/ministers-brief-pm-modi-on-progress-towards-digital-payment-mode-online-demonetisation-cashless-economy-4427437/

Ministers brief PM Modi on progress towards digital payment mode

PM Modi was briefed on efforts to go cashless at fair price shops, educational institutions, railway catering and in the telecom sector, among others.

 demonetisation, online payment, digital payment, cashless economy, narendra modi, pm modi, indian express news, india news
Prime Minister Narendra Modi

AS THE government raises the pitch for a cashless economy, about a dozen Cabinet ministers on Wednesday briefed Prime Minister Narendra Modi about steps being taken by their ministries to spread awareness on digitisation of transactions.

Sources said soon after the Cabinet meeting, Modi met the ministers and was briefed on efforts to go cashless at fair price shops, educational institutions, railway catering and in the telecom sector, among others.

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Among those who were part of the meeting were Railways Minister Suresh Prabhu, Telecom Minister Ravi Shankar Prasad, HRD Minister Prakash Javadekar, Food and Consumer Affairs Minister Ram Vilas Paswan and Steel Minister Chaudhary Birender Singh.

The focus of the meeting was on digitisation, and issues such as digital wallet services came up for discussion, sources said. The government wants to expand the scope of this digital payment mode so that they can be accepted at more places — such as metro railway stations.

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The PM has been regularly taking stock of development in various ministries on the move towards what the government calls a cashless economy.

Union Minister Vijay Goel on Sunday led a mobile and digital banking induction campaign for the youth in the national capital.

The government believes there has been a surge in digital transactions through use of credit and debit cards and cellphone applications or e-wallets after high-denomination currencies were scrapped on November 8.

The Centre recently announced several incentives and measures to promote digital and cashless transactions.

The government has already constituted a panel of officers to enable taking government-citizen transactions to the digital platform.