PM Modi pitches for mobile banking

The Prime Minister was in Punjab to lay the foundation stone for the AIIMS being set up in Bathinda. Addressing a rally before the inaugural, he made a strong pitch for more cashless transactions.

Published: 25th November 2016 06:17 PM  |   Last Updated: 25th November 2016 06:19 PM   |  A+A-

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Prime Minister Narendra Modi being welcomed by Punjab Dy CM Sukhbir Singh Badal and Harsimrat Kaur in Bathinda on Friday | PTI

CHANDIGARH: Prime Minister Narendra Modi's recommendation to the people of India facing difficulties due to demonetisation of high-value currency notes is to switch to mobile phone banking.

Speaking in Bathinda on Friday, he advised people to let their mobile phones "serve as a bank and a wallet" in order to end corruption and black money.

The Prime Minister was in Punjab to lay the foundation stone for the All India Institute of Medical Sciences [AIIMS] being set up in Bathinda. Addressing a rally before the inaugural, he made a strong pitch for more cashless transactions.

"The number of mobiles in our country is four times the number of households. People should use their mobiles to make payments. You should download mobile apps provided by banks on your mobiles. Thus there will be no need for currency in your pocket," he said.

And he elaborated on its further benefits. "There will be no fear of thieves. We are living in good times when science has worked wonders," he said

He urged political leaders, teachers, and young people to give training to people on using mobile banking. "I am doing everything possible to ensure that the middle class is not exploited and the poor get their due. I have come to stop the looting of the lower middle class, the poor and the farmers."

Lauding Modi’s move against black money, Chief Minister Parkash Singh Badal said that the drive would eradicate black money from India. “By this step, Modi has helped the common man and farmers,” he said.

From Bathinda, the Prime Minister travelled to Anandpur Sahib for the 350th birth anniversary celebrations of Guru Gobind Singh.

Modi said the tenth guru of the Sikhs made unparalleled sacrifices including his entire family

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