You are here: Home » News-IANS » Politics
Business Standard

Modi asks small businesses, labour to embrace cashless mode

IANS  |  New Delhi 

In his first monthly radio address after demonetisation, Prime Minister Modi on Sunday urged small businesses and workers to embrace cashless through mobile and plastic money.

"I would like to tell our small and micro businesses to take up this opportunity to enter the digital world. You too should download mobile applications, install POS (point of sale) machines for swiping cards," Modi said in his customary 'Mann Ki Baat' speech on All India Radio.

"In the way that large malls expand their business through use of technology, small businesses too can increase turnover by using simple user-friendly technology," he added.

Modi told the country's labour population how adopting digital technology would help end their exploitation.

"You have been exploited much...getting one wage on paper and another in hand. Besides, when you are paid every month, there is always someone outside the gates waiting to take a cut from your wages," the Prime Minister said, addressing workers.

"Under this new project (demonetisation), we want your salary deposited in the bank account so that faithful payment of minimum wage is assured," Modi said.

"And you, in turn, can use your mobile phone like an e-wallet to make payments to your neighbourhood shops for your needs," he added.

--IANS

bc/vgu/vt

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

RECOMMENDED FOR YOU

Modi asks small businesses, labour to embrace cashless mode

In his first monthly radio address after demonetisation, Prime Minister Narendra Modi on Sunday urged small businesses and workers to embrace cashless transaction through mobile banking and plastic money.

In his first monthly radio address after demonetisation, Prime Minister Modi on Sunday urged small businesses and workers to embrace cashless through mobile and plastic money.

"I would like to tell our small and micro businesses to take up this opportunity to enter the digital world. You too should download mobile applications, install POS (point of sale) machines for swiping cards," Modi said in his customary 'Mann Ki Baat' speech on All India Radio.

"In the way that large malls expand their business through use of technology, small businesses too can increase turnover by using simple user-friendly technology," he added.

Modi told the country's labour population how adopting digital technology would help end their exploitation.

"You have been exploited much...getting one wage on paper and another in hand. Besides, when you are paid every month, there is always someone outside the gates waiting to take a cut from your wages," the Prime Minister said, addressing workers.

"Under this new project (demonetisation), we want your salary deposited in the bank account so that faithful payment of minimum wage is assured," Modi said.

"And you, in turn, can use your mobile phone like an e-wallet to make payments to your neighbourhood shops for your needs," he added.

--IANS

bc/vgu/vt

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

image
Business Standard
177 22

Modi asks small businesses, labour to embrace cashless mode

In his first monthly radio address after demonetisation, Prime Minister Modi on Sunday urged small businesses and workers to embrace cashless through mobile and plastic money.

"I would like to tell our small and micro businesses to take up this opportunity to enter the digital world. You too should download mobile applications, install POS (point of sale) machines for swiping cards," Modi said in his customary 'Mann Ki Baat' speech on All India Radio.

"In the way that large malls expand their business through use of technology, small businesses too can increase turnover by using simple user-friendly technology," he added.

Modi told the country's labour population how adopting digital technology would help end their exploitation.

"You have been exploited much...getting one wage on paper and another in hand. Besides, when you are paid every month, there is always someone outside the gates waiting to take a cut from your wages," the Prime Minister said, addressing workers.

"Under this new project (demonetisation), we want your salary deposited in the bank account so that faithful payment of minimum wage is assured," Modi said.

"And you, in turn, can use your mobile phone like an e-wallet to make payments to your neighbourhood shops for your needs," he added.

--IANS

bc/vgu/vt

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

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