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.