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PM Modi directs ministers to promote cashless payment across nation

ANI  |  New Delhi [India] 

In a bid to make a cashless economy, Prime Minister Modi on Monday directed his senior ministers to enlighten the people about merits of using e-wallets and other payment methods.

The renewed push to make less reliant on hard currencies came a day after the Prime Minister exhorted the people to use debit cards and other payments while purchasing essential items.

According to sources, the Prime Minister asked his ministers to start the promotion of cashless economy with their own staffs followed by their Ministry and then constituency to appeal to larger masses.

Minister also spoke to amongst the others to form a sub-committee to give impetus to a cashless economy.

In the 26th edition of Mann KI Baat programme, Prime Minister Modi said, "I know cashless economy is different. Why not move towards a cashless society? Need your physical support in this. I took this decision for the country's poor, farmer, labour, deprived and for those who are suffering. I reiterate that I need your support; I am positive that you will help me in this; take a pledge that you will be a part of this cashless economy."

The Prime Minister also stated that there has been 300 percent increase in the use of Rupay card since the poor people started using it.

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

First Published: Mon, November 28 2016. 17:13 IST