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Government taking steps to facilitate cashless economy: Naidu

IANS  |  New Delhi 

Union Minister M. on Wednesday said the had taken steps to facilitate a cash-less economy and encourage and online transactions to prevent delays and end the menace of corruption.

He was addressing the officers of the Ministries of Information and Broadcasting, Urban Development, Housing and Urban Poverty Alleviation, according to an official statement.

"The initiative of the was an attempt to prevent delays through seamless transactions and end the menace of corruption and black money. The government's JAM (Jan Dhan, AADHAR & Mobile) initiative would also facilitate this transformation," the statement quoted Naidu as saying.

The Minister also said that the Prime Minister Narendra Modi's JAM vision would ensure maximum penetration of technology among the masses and maximum empowerment for our poor.

Naidu urged all officers to provide counselling to their staff to move and adapt to a cashless and transactions, reducing the role of physical money in day to day transactions.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, November 30 2016. 19:16 IST