Tireless efforts can help achieve cashless society by February: Fadnavis

Maharashtra Chief Minister Devendra Fadnavis on Sunday backed the pushed for a cashless economy and estimated that the nation can achieve the goal of becoming a cashless society through tireless work over the next two to three months.

"In high level meeting on demonetisation with bank officials, we mainly discussed how to provide best service to farmers in the Rabi season. We are also focused on last mile connectivity in terms of banking by deploying banking correspondents," Fadnavis told ANI.

"We have also made a road map to boost cashless transactions, I believe if we work on it tirelessly for tow to three months, we can achieve it," he added.

In his radio broadcast "Mann ki Baat" first time after the demonetisation of Rs. 500 and Rs. 1,000 notes, Prime Minister Narendra Modi today urged for a movement to turn India into a cashless society. He asked young people to teach mobile banking and other e-commerce technology to at least 10 families.

Prime Minister Modi termed the decision to demonetise "tough" and said he had been aware of the difficulties regarding the decision.

"I had even spoken about it in the speech that I gave on the day I announced the decision. I knew this was going to be tough, disturbing systems that have been in place for 70 years is never easy, but I am heartened by the support that I have received from the people. And that support convinces me that we will be successful in overcoming the challenges posed by this decision," he said.