CMs’ conference on digital transactions in Mumbai today

The committee of chief ministers on digital payments formed by the Central government, at its second meeting in Mumbai on    Thursday, will work out an action plan to promote digital economy in the co

Published: 08th December 2016 03:39 AM  |   Last Updated: 08th December 2016 04:46 AM   |  A+A-

By Express News Service

VIJAYAWADA: The committee of chief ministers on digital payments formed by the Central government, at its second meeting in Mumbai on    Thursday, will work out an action plan to promote digital economy in the country, besides discussing possible solutions to the acute cash shortage.

Addressing a press conference here on Wednesday night, Chief Minister N Chandrababu Naidu, who is convener of the committee, said RBI officials and chairmen of various banks will be attending the meeting along with NITI Aayog vice-chairman and CEO. “Together we will work out solutions for the problems, be it technical or procedural and come out with an action plan,” he said. Stating he will explain the measures taken up in the State for addressing the crisis and promoting cashless transactions, he said they will discuss best practices followed at different places in the country and study best practices internationally and if needed, study what was being followed in one or two countries.

“There will be need for a large amount of hardware, cellphones, e-PoS machines, computers. We will discuss those issues. There is a need for total coverage of Jan Dhan Yojana bank accounts, more RuPAY cards and we need to educate people on how to use those cards. Then, there is the issue pertaining to Aadhaar-enabled payments. All these issues will be discussed in detail,” he said. Chandrababu further explained that they will focus on a common platform for interoperable bank accounts.  

Stay up to date on all the latest Andhra Pradesh news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp