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Reading: Goa to become the first cashless state in India, will observe transaction through mobiles from December 31 onwards
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Goa to become the first cashless state in India, will observe transaction through mobiles from December 31 onwards
IndiaFinance

Goa to become the first cashless state in India, will observe transaction through mobiles from December 31 onwards

Ankita Sharma
Ankita Sharma Published November 28, 2016
Last updated: 2016/11/28 at 2:14 PM
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After the introduction of demonetisation in India this year, the economy has undergone a radical change and fast shift is being made to the cashless society. And now, Goa is all set to become the first cashless state in India from December 31 this year.

The government is now making efforts to educate the citizens regarding the general use of the digital platform to avail of this service. Under the present service, the people will be able to but the articles of daily use such as vegetables, fish and other merchandise.

Goa will become the first cashless state in India

Goa to become the first cashless state in India, will observe transaction through mobiles from December 31 onwards
Defence Minister Manohar Parrikar urges the masses to adopt a cashless society.

The customers will have to dial *99# and the process will then be followed in which the details will be filled to carry out the transaction. After the easy steps, the money will be debited to the account of the seller who does not have a swipe machine.

“The money on purchases will be debited to the person’s bank account…We have 22 lakh bank accounts, which means that one person has more than one account“, said RK Srivastava, Chief Secretary.

Further saying, “Everybody should have an account, card and the account should have money.“

This move is intended to promote the cashless economy and the consumers will still be able to carry out transactions in cash.

The Defence Minister Manohar Parrikar said that the mobile phones can now become your banks and urged the people to support this move by the Modi government. “One thing we decided is that whenever India becomes a cashless society, Goa will become the first. We have to support the prime minister’s dream”, he added.

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TAGGED: Defence Minister of India, digitisation in India, india, Manohar Parrikar, RK Srivastava

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Ankita Sharma November 28, 2016
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