NEW DELHI: Advocating for cashless transactions, the Prime Minister Narendra Modi has said that the large volumes of liquid cash are a big source of corruption and black money. Making his appeal stronger, PM even posted pictorial references to cashless options like credit cards.
He also said that while making announcement of banning Rs. 500 and Rs. 1000 note, he was aware that the people of India "will face inconvenience but I had requested the people of India to bear this short term pain for long term gain. I am happy to see that the people of India are bearing temporary difficulties for the long term gain of the nation."
"In 21st century India, there is no place for corruption. Corruption slows down growth and takes a toll on the dreams of the poor, neo-middle class and middle class," PM wrote in social media plateform, while appealing to the people to "lead the change" towards cashless transactions to lay the strong foundations of an India where there is no place for such malaise.
The Prime Minister said over the last few days, he had opportunities to travel to rural as well as urban areas in Uttar Pradesh, Karnataka, Goa and Punjab.
"Wherever I went, I asked the people - should corruption and black money be eliminated? Should the poor, neo-middle and middle class get their due? The answer I got everywhere was a resounding yes!"
While pitching for cashless transactions, PM wrote,"I urge all of you, particularly my young friends to lead the change and inspire others to turn towards cashless transactions. This will set the strong foundations of an India where there is no place for corruption and black money."
"Today we live in an era of mobile banking and mobile wallets. Ordering food, buying and selling furniture, ordering a taxi...all of this and lot more is possible through your mobiles. Technology has brought speed and convenience in our lives," he added.
"I am sure most of you are using cards and e-wallets regularly but I thought I must share with you ways through which increased cashless transactions are possible," he said.