World is moving towards cashless society: PM Modi

Image
ANI New Delhi
Last Updated : May 22 2016 | 2:13 PM IST

Prime Minister Narendra Modi on Sunday called upon the people to promote cashless transactions through Jan Dhan, Aadhar and Mobile (JAM) to move forward to cashless society.

The Prime Minister, who was addressing the nation in the 20th edition of his 'Mann ki Baat' programme, said the world is moving towards a cashless society and more technology is being used.

Referring to employment of 1.25 lakh banking correspondents, he said it is his government's resolve to bring banking services to people's doorsteps.

Prime Minister Modi said post-offices are also being sensitized to serve as banking institutions, adding these measures will bring transparency and put a check on the use of black money.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 22 2016 | 1:12 PM IST

Next Story