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Central ministries, depts draw plans to go cashless after Modi's directive

Labour ministry to hold special camps to bank accounts for unorganised sector workers from tomorrow, NITI constitutes high-powered inter-ministerial panel to oversee rollout of digital payments

Sanjeeb Mukherjee & Archis Mohan  |  New Delhi 

A number of ministries and departments in the Central Government, especially those that have a direct interface with the public, have gotten down to chalking out their strategies to go cashless on Friday, after Prime Minister Narendra Modi directed them to switch from currency-based transactions to online and cheque payments. The cashless initiative will embrace a wide range of dealings including those related to downstream payments such as payment to labourers. The directives were issued by Prime Minister Modi last night in a special cabinet meeting held to review the demonetisation ...


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First Published: Sat, November 26 2016. 00:23 IST