Cashless Transactions Current Affairs

PM launches cashless/less cash township models across 12 states

Prime Minister has launched 81 cashless/less cash townships across 12 states in Nagpur. The 81 townships included 56 in Gujarat and 25 in 11 states including Delhi, Gujarat, Uttar Pradesh, Madhya Pradesh, Maharashtra, Bihar and Chhatisgarh. The model of cashless/less cash township was developed by Gujarat Narmada Valley Fertilizers and Chemicals Ltd (GNFC) across these Read More…

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Union Government constitutes Amitabh Kant Committee to push cashless transactions

The Union Government has constituted a new committee to form a strategy to expedite the process of transforming India into a cashless economy. The committee will be headed by Niti Aayog CEO Amitabh Kant. It has been tasked with identifying various bottlenecks affecting access of digital payments. Terms of Reference of Committee Identify and operationalise Read More…

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Union Cabinet gives nod to incentivise cashless transactions

The Union Cabinet has given its approval for introduction of steps for promotion of cashless payments (transactions) through cards and digital means. In this regard, various short and medium term measures have been approved for implementation by the Government Departments, Ministries and Organisations. The essential feature of the approved proposal include Steps for withdrawal of Read More…

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