You are here: Home » Current Affairs » News » National
Business Standard

How to go cashless? Learn it from PM Modi

As his govt pushes for more cashless transactions to tide over currency shortage, PM takes to Twitter to teach how it's done

BS Web Team 

Prime Minister Narendra Modi addressing BJP's Parivartan Rally in Kushinagar in Uttar Pradesh. Photo: PTI
Prime Minister Narendra Modi addressing BJP's Parivartan Rally in Kushinagar in Uttar Pradesh. Photo: PTI

The of old and Rs 1,000 notes has led to long queues outside banks and in the past three weeks. On the evening of November 8, 2016, when announced that old currency notes would cease to be legal tender from midnight, he mentioned black money and terror funding as the primary reasons for this move.

In the past week, the government and PM have moved to another target for -- taking India to a future. In his last address to the nation on radio, Mann Ki Baat, the PM emphasised on the need to reduce cash transactions. While acknowledging that going was not feasible in the near future, he said a less-cash society was possible.

Ever since this address, the government has been trying to push various banking alternatives for those with mobile phones to replace the need for cash. Last evening the himself tweeted to help people learn how they could transact using their mobile phones as wallets or using PoS machines to make payments.

This is what the shared in five tutorial tweets:
 

RECOMMENDED FOR YOU

How to go cashless? Learn it from PM Modi

As his govt pushes for more cashless transactions to tide over currency shortage, PM takes to Twitter to teach how it's done

As his govt pushes for more cashless transactions to tide over currency shortage, PM takes to Twitter to teach how it's done
The of old and Rs 1,000 notes has led to long queues outside banks and in the past three weeks. On the evening of November 8, 2016, when announced that old currency notes would cease to be legal tender from midnight, he mentioned black money and terror funding as the primary reasons for this move.

In the past week, the government and PM have moved to another target for -- taking India to a future. In his last address to the nation on radio, Mann Ki Baat, the PM emphasised on the need to reduce cash transactions. While acknowledging that going was not feasible in the near future, he said a less-cash society was possible.

Ever since this address, the government has been trying to push various banking alternatives for those with mobile phones to replace the need for cash. Last evening the himself tweeted to help people learn how they could transact using their mobile phones as wallets or using PoS machines to make payments.

This is what the shared in five tutorial tweets:
 
image
Business Standard
177 22

How to go cashless? Learn it from PM Modi

As his govt pushes for more cashless transactions to tide over currency shortage, PM takes to Twitter to teach how it's done

The of old and Rs 1,000 notes has led to long queues outside banks and in the past three weeks. On the evening of November 8, 2016, when announced that old currency notes would cease to be legal tender from midnight, he mentioned black money and terror funding as the primary reasons for this move.

In the past week, the government and PM have moved to another target for -- taking India to a future. In his last address to the nation on radio, Mann Ki Baat, the PM emphasised on the need to reduce cash transactions. While acknowledging that going was not feasible in the near future, he said a less-cash society was possible.

Ever since this address, the government has been trying to push various banking alternatives for those with mobile phones to replace the need for cash. Last evening the himself tweeted to help people learn how they could transact using their mobile phones as wallets or using PoS machines to make payments.

This is what the shared in five tutorial tweets:
 

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard