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CAIT to hold 2-day 'Less Cash India Summit' from Dec 2

Press Trust of India  |  Mumbai 

To support the move and advance the government's vision for 'cashless' India, Confederation of All Traders (CAIT) will hold a 2-day 'Less Summit' from December 2 in

CAIT Secretary General Praveen Khandelwal said NITI Aayog will share the government's perspective on recent developments on and importance of merchant and trader participation in less-economy at the summit.

It will also discuss linkage of payments in goods and services (GST) since electronic payment is one of the core fundamentals of

"We will promote a 10-point plan to make 'less-cash' a reality," Khandelwal said.

"A less-economy will benefit our constituency of around 6 crore small businesses in reaching out to newer markets and consumers."

The initiatives are aimed at promoting the cause of less cash in every state. "The 'Less Cash India Summit' will build and expand on these efforts at this critical moment in India," he said.

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

First Published: Wed, November 30 2016. 18:28 IST