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Make cashless economy possible: CM at state level bankers meet

Press Trust of India  |  Mumbai 

Chief Minister Devendra Fadnavis today asked bankers to help realise Prime Minister Modi's appeal for a cashless economy.

"Let us accept the challenge, plan accordingly and make cashless economy possible as appealed by our PM Modi ji," Fadnavis said, addressing an urgent meeting of State Level Bankers' Committee (SLBC) in

Fadnavis had called this meeting to discuss cashless transactions, increasing modes of e-payments, facilitating transactions in rural areas for farmers, traders and transporters, a CMO official said.

Minister Subhash Deshmukh, Secretaries of various Departments, representatives from RBI, SBI, BOM, BOI, and mobile wallet companies were present.

The issue of requirements for rural bank branches for Kharif harvest marketing and Rabi sowing and crop loans was also discussed today.

It was decided to use all 'Aaple Sarkar' Centres in for facilities to bring major relief at Gram level, the official said.

Banks agreed to provide single form to easily transfer from farmers account to authorised dealers' account for purchase of seeds, pesticides etc.

Fadnavis congratulated bank officials for working extra hours and smoothly handling pressure. He appealed to them to work in the same way for a few more days, the official said.

"We have to work for farmers and even for farm labourers. We need to increase number of Point of Sale to bring ease for people in this situation," he said.

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

First Published: Sun, November 27 2016. 19:48 IST