Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [[maximum depth reached]] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac-am-jigeesh-4681051/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac-am-jigeesh-4681051/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [[maximum depth reached]] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac-am-jigeesh-4681051/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac-am-jigeesh-4681051/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]Code Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68002d74847b1-trace').style.display = (document.getElementById('cakeErr68002d74847b1-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr68002d74847b1-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68002d74847b1-code').style.display = (document.getElementById('cakeErr68002d74847b1-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr68002d74847b1-context').style.display = (document.getElementById('cakeErr68002d74847b1-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr68002d74847b1-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr68002d74847b1-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 32966, 'title' => 'System not yet ready for cashless economy, RBI Governor tells PAC -AM Jigeesh', 'subheading' => '', 'description' => '<div align="justify"> -The Hindu Business Line<br /> <br /> <em>'RBI working on cutting transactions costs on digital payments'<br /> <br /> New Delhi: </em>RBI Governor Urjit Patel, who appeared before the Public Accounts Committee looking into demonetisation and its impact on monetary policy, told the panel that the country&rsquo;s infrastructure is not ready for a cashless economy.<br /> <br /> He assured the panel that the RBI is working out ways to reduce transaction costs involved in digital payments.<br /> <br /> As was the case when he appeared before the Finance Standing Committee on Wednesday, Patel, did not face any tough questions at the meeting held here on Friday. He was given 15 days to reply to the questions posed by the members.<br /> <br /> &ldquo;We will take a look at his replies and if necessary will call him again,&rdquo; a member said.<br /> <br /> Patel said the cash flow will be normalised very soon and reiterated that the decision will have a short-term impact on GDP growth.<br /> <br /> The BJP members in the panel protested over questions being posed to the Governor on demonetisation stating that the agenda of the meeting was the review of monetary policy. However, majority of the questions were on the withdrawal of notes.<br /> <br /> &ldquo;He said infrastructure, including the spectrum, is not ready for digital payments at the moment. He, however, said that the RBI will promote a cashless economy,&rdquo; another member said. The panel will meet the Finance Ministry officials soon after the first lap of Budget session.<br /> <br /> Please <a href="http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true">click here</a> to read more. <br /> </div>', 'credit_writer' => 'The Hindu Business Line, 20 January, 2017, http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac-am-jigeesh-4681051', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4681051, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 32966, 'metaTitle' => 'LATEST NEWS UPDATES | System not yet ready for cashless economy, RBI Governor tells PAC -AM Jigeesh', 'metaKeywords' => 'Reserve Bank of India,Currency demonetisation,Demonetisation,Cashless Economy,Cashless Transactions,Digital India,Digital Payments,Digital Wallets', 'metaDesc' => ' -The Hindu Business Line 'RBI working on cutting transactions costs on digital payments' New Delhi: RBI Governor Urjit Patel, who appeared before the Public Accounts Committee looking into demonetisation and its impact on monetary policy, told the panel that the country&rsquo;s infrastructure...', 'disp' => '<div align="justify">-The Hindu Business Line<br /><br /><em>'RBI working on cutting transactions costs on digital payments'<br /><br />New Delhi: </em>RBI Governor Urjit Patel, who appeared before the Public Accounts Committee looking into demonetisation and its impact on monetary policy, told the panel that the country&rsquo;s infrastructure is not ready for a cashless economy.<br /><br />He assured the panel that the RBI is working out ways to reduce transaction costs involved in digital payments.<br /><br />As was the case when he appeared before the Finance Standing Committee on Wednesday, Patel, did not face any tough questions at the meeting held here on Friday. He was given 15 days to reply to the questions posed by the members.<br /><br />&ldquo;We will take a look at his replies and if necessary will call him again,&rdquo; a member said.<br /><br />Patel said the cash flow will be normalised very soon and reiterated that the decision will have a short-term impact on GDP growth.<br /><br />The BJP members in the panel protested over questions being posed to the Governor on demonetisation stating that the agenda of the meeting was the review of monetary policy. However, majority of the questions were on the withdrawal of notes.<br /><br />&ldquo;He said infrastructure, including the spectrum, is not ready for digital payments at the moment. He, however, said that the RBI will promote a cashless economy,&rdquo; another member said. 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He was given 15 days to reply to the questions posed by the members.<br /> <br /> &ldquo;We will take a look at his replies and if necessary will call him again,&rdquo; a member said.<br /> <br /> Patel said the cash flow will be normalised very soon and reiterated that the decision will have a short-term impact on GDP growth.<br /> <br /> The BJP members in the panel protested over questions being posed to the Governor on demonetisation stating that the agenda of the meeting was the review of monetary policy. However, majority of the questions were on the withdrawal of notes.<br /> <br /> &ldquo;He said infrastructure, including the spectrum, is not ready for digital payments at the moment. He, however, said that the RBI will promote a cashless economy,&rdquo; another member said. The panel will meet the Finance Ministry officials soon after the first lap of Budget session.<br /> <br /> Please <a href="http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true">click here</a> to read more. <br /> </div>', 'credit_writer' => 'The Hindu Business Line, 20 January, 2017, http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac-am-jigeesh-4681051', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4681051, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => object(Cake\ORM\Entity) {}, (int) 6 => object(Cake\ORM\Entity) {}, (int) 7 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 32966 $metaTitle = 'LATEST NEWS UPDATES | System not yet ready for cashless economy, RBI Governor tells PAC -AM Jigeesh' $metaKeywords = 'Reserve Bank of India,Currency demonetisation,Demonetisation,Cashless Economy,Cashless Transactions,Digital India,Digital Payments,Digital Wallets' $metaDesc = ' -The Hindu Business Line 'RBI working on cutting transactions costs on digital payments' New Delhi: RBI Governor Urjit Patel, who appeared before the Public Accounts Committee looking into demonetisation and its impact on monetary policy, told the panel that the country&rsquo;s infrastructure...' $disp = '<div align="justify">-The Hindu Business Line<br /><br /><em>'RBI working on cutting transactions costs on digital payments'<br /><br />New Delhi: </em>RBI Governor Urjit Patel, who appeared before the Public Accounts Committee looking into demonetisation and its impact on monetary policy, told the panel that the country&rsquo;s infrastructure is not ready for a cashless economy.<br /><br />He assured the panel that the RBI is working out ways to reduce transaction costs involved in digital payments.<br /><br />As was the case when he appeared before the Finance Standing Committee on Wednesday, Patel, did not face any tough questions at the meeting held here on Friday. He was given 15 days to reply to the questions posed by the members.<br /><br />&ldquo;We will take a look at his replies and if necessary will call him again,&rdquo; a member said.<br /><br />Patel said the cash flow will be normalised very soon and reiterated that the decision will have a short-term impact on GDP growth.<br /><br />The BJP members in the panel protested over questions being posed to the Governor on demonetisation stating that the agenda of the meeting was the review of monetary policy. However, majority of the questions were on the withdrawal of notes.<br /><br />&ldquo;He said infrastructure, including the spectrum, is not ready for digital payments at the moment. He, however, said that the RBI will promote a cashless economy,&rdquo; another member said. The panel will meet the Finance Ministry officials soon after the first lap of Budget session.<br /><br />Please <a href="http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true" title="http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true">click here</a> to read more. <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac-am-jigeesh-4681051.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | System not yet ready for cashless economy, RBI Governor tells PAC -AM Jigeesh | Im4change.org</title> <meta name="description" content=" -The Hindu Business Line 'RBI working on cutting transactions costs on digital payments' New Delhi: RBI Governor Urjit Patel, who appeared before the Public Accounts Committee looking into demonetisation and its impact on monetary policy, told the panel that the country’s infrastructure..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>System not yet ready for cashless economy, RBI Governor tells PAC -AM Jigeesh</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-The Hindu Business Line<br /><br /><em>'RBI working on cutting transactions costs on digital payments'<br /><br />New Delhi: </em>RBI Governor Urjit Patel, who appeared before the Public Accounts Committee looking into demonetisation and its impact on monetary policy, told the panel that the country’s infrastructure is not ready for a cashless economy.<br /><br />He assured the panel that the RBI is working out ways to reduce transaction costs involved in digital payments.<br /><br />As was the case when he appeared before the Finance Standing Committee on Wednesday, Patel, did not face any tough questions at the meeting held here on Friday. He was given 15 days to reply to the questions posed by the members.<br /><br />“We will take a look at his replies and if necessary will call him again,” a member said.<br /><br />Patel said the cash flow will be normalised very soon and reiterated that the decision will have a short-term impact on GDP growth.<br /><br />The BJP members in the panel protested over questions being posed to the Governor on demonetisation stating that the agenda of the meeting was the review of monetary policy. However, majority of the questions were on the withdrawal of notes.<br /><br />“He said infrastructure, including the spectrum, is not ready for digital payments at the moment. He, however, said that the RBI will promote a cashless economy,” another member said. The panel will meet the Finance Ministry officials soon after the first lap of Budget session.<br /><br />Please <a href="http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true" title="http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true">click here</a> to read more. <br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. 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'' : 'none')">Context</a><pre id="cakeErr68002d74847b1-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr68002d74847b1-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 32966, 'title' => 'System not yet ready for cashless economy, RBI Governor tells PAC -AM Jigeesh', 'subheading' => '', 'description' => '<div align="justify"> -The Hindu Business Line<br /> <br /> <em>'RBI working on cutting transactions costs on digital payments'<br /> <br /> New Delhi: </em>RBI Governor Urjit Patel, who appeared before the Public Accounts Committee looking into demonetisation and its impact on monetary policy, told the panel that the country&rsquo;s infrastructure is not ready for a cashless economy.<br /> <br /> He assured the panel that the RBI is working out ways to reduce transaction costs involved in digital payments.<br /> <br /> As was the case when he appeared before the Finance Standing Committee on Wednesday, Patel, did not face any tough questions at the meeting held here on Friday. He was given 15 days to reply to the questions posed by the members.<br /> <br /> &ldquo;We will take a look at his replies and if necessary will call him again,&rdquo; a member said.<br /> <br /> Patel said the cash flow will be normalised very soon and reiterated that the decision will have a short-term impact on GDP growth.<br /> <br /> The BJP members in the panel protested over questions being posed to the Governor on demonetisation stating that the agenda of the meeting was the review of monetary policy. However, majority of the questions were on the withdrawal of notes.<br /> <br /> &ldquo;He said infrastructure, including the spectrum, is not ready for digital payments at the moment. He, however, said that the RBI will promote a cashless economy,&rdquo; another member said. The panel will meet the Finance Ministry officials soon after the first lap of Budget session.<br /> <br /> Please <a href="http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true">click here</a> to read more. <br /> </div>', 'credit_writer' => 'The Hindu Business Line, 20 January, 2017, http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac-am-jigeesh-4681051', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4681051, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 32966, 'metaTitle' => 'LATEST NEWS UPDATES | System not yet ready for cashless economy, RBI Governor tells PAC -AM Jigeesh', 'metaKeywords' => 'Reserve Bank of India,Currency demonetisation,Demonetisation,Cashless Economy,Cashless Transactions,Digital India,Digital Payments,Digital Wallets', 'metaDesc' => ' -The Hindu Business Line 'RBI working on cutting transactions costs on digital payments' New Delhi: RBI Governor Urjit Patel, who appeared before the Public Accounts Committee looking into demonetisation and its impact on monetary policy, told the panel that the country&rsquo;s infrastructure...', 'disp' => '<div align="justify">-The Hindu Business Line<br /><br /><em>'RBI working on cutting transactions costs on digital payments'<br /><br />New Delhi: </em>RBI Governor Urjit Patel, who appeared before the Public Accounts Committee looking into demonetisation and its impact on monetary policy, told the panel that the country&rsquo;s infrastructure is not ready for a cashless economy.<br /><br />He assured the panel that the RBI is working out ways to reduce transaction costs involved in digital payments.<br /><br />As was the case when he appeared before the Finance Standing Committee on Wednesday, Patel, did not face any tough questions at the meeting held here on Friday. 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He was given 15 days to reply to the questions posed by the members.<br /> <br /> &ldquo;We will take a look at his replies and if necessary will call him again,&rdquo; a member said.<br /> <br /> Patel said the cash flow will be normalised very soon and reiterated that the decision will have a short-term impact on GDP growth.<br /> <br /> The BJP members in the panel protested over questions being posed to the Governor on demonetisation stating that the agenda of the meeting was the review of monetary policy. However, majority of the questions were on the withdrawal of notes.<br /> <br /> &ldquo;He said infrastructure, including the spectrum, is not ready for digital payments at the moment. He, however, said that the RBI will promote a cashless economy,&rdquo; another member said. 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He was given 15 days to reply to the questions posed by the members.<br /><br />&ldquo;We will take a look at his replies and if necessary will call him again,&rdquo; a member said.<br /><br />Patel said the cash flow will be normalised very soon and reiterated that the decision will have a short-term impact on GDP growth.<br /><br />The BJP members in the panel protested over questions being posed to the Governor on demonetisation stating that the agenda of the meeting was the review of monetary policy. However, majority of the questions were on the withdrawal of notes.<br /><br />&ldquo;He said infrastructure, including the spectrum, is not ready for digital payments at the moment. He, however, said that the RBI will promote a cashless economy,&rdquo; another member said. The panel will meet the Finance Ministry officials soon after the first lap of Budget session.<br /><br />Please <a href="http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true" title="http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true">click here</a> to read more. <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac-am-jigeesh-4681051.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | System not yet ready for cashless economy, RBI Governor tells PAC -AM Jigeesh | Im4change.org</title> <meta name="description" content=" -The Hindu Business Line 'RBI working on cutting transactions costs on digital payments' New Delhi: RBI Governor Urjit Patel, who appeared before the Public Accounts Committee looking into demonetisation and its impact on monetary policy, told the panel that the country’s infrastructure..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>System not yet ready for cashless economy, RBI Governor tells PAC -AM Jigeesh</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-The Hindu Business Line<br /><br /><em>'RBI working on cutting transactions costs on digital payments'<br /><br />New Delhi: </em>RBI Governor Urjit Patel, who appeared before the Public Accounts Committee looking into demonetisation and its impact on monetary policy, told the panel that the country’s infrastructure is not ready for a cashless economy.<br /><br />He assured the panel that the RBI is working out ways to reduce transaction costs involved in digital payments.<br /><br />As was the case when he appeared before the Finance Standing Committee on Wednesday, Patel, did not face any tough questions at the meeting held here on Friday. He was given 15 days to reply to the questions posed by the members.<br /><br />“We will take a look at his replies and if necessary will call him again,” a member said.<br /><br />Patel said the cash flow will be normalised very soon and reiterated that the decision will have a short-term impact on GDP growth.<br /><br />The BJP members in the panel protested over questions being posed to the Governor on demonetisation stating that the agenda of the meeting was the review of monetary policy. However, majority of the questions were on the withdrawal of notes.<br /><br />“He said infrastructure, including the spectrum, is not ready for digital payments at the moment. He, however, said that the RBI will promote a cashless economy,” another member said. The panel will meet the Finance Ministry officials soon after the first lap of Budget session.<br /><br />Please <a href="http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true" title="http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true">click here</a> to read more. <br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? 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'' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr68002d74847b1-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68002d74847b1-code').style.display = (document.getElementById('cakeErr68002d74847b1-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr68002d74847b1-context').style.display = (document.getElementById('cakeErr68002d74847b1-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr68002d74847b1-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr68002d74847b1-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 32966, 'title' => 'System not yet ready for cashless economy, RBI Governor tells PAC -AM Jigeesh', 'subheading' => '', 'description' => '<div align="justify"> -The Hindu Business Line<br /> <br /> <em>'RBI working on cutting transactions costs on digital payments'<br /> <br /> New Delhi: </em>RBI Governor Urjit Patel, who appeared before the Public Accounts Committee looking into demonetisation and its impact on monetary policy, told the panel that the country&rsquo;s infrastructure is not ready for a cashless economy.<br /> <br /> He assured the panel that the RBI is working out ways to reduce transaction costs involved in digital payments.<br /> <br /> As was the case when he appeared before the Finance Standing Committee on Wednesday, Patel, did not face any tough questions at the meeting held here on Friday. He was given 15 days to reply to the questions posed by the members.<br /> <br /> &ldquo;We will take a look at his replies and if necessary will call him again,&rdquo; a member said.<br /> <br /> Patel said the cash flow will be normalised very soon and reiterated that the decision will have a short-term impact on GDP growth.<br /> <br /> The BJP members in the panel protested over questions being posed to the Governor on demonetisation stating that the agenda of the meeting was the review of monetary policy. However, majority of the questions were on the withdrawal of notes.<br /> <br /> &ldquo;He said infrastructure, including the spectrum, is not ready for digital payments at the moment. He, however, said that the RBI will promote a cashless economy,&rdquo; another member said. 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He was given 15 days to reply to the questions posed by the members.<br /><br />&ldquo;We will take a look at his replies and if necessary will call him again,&rdquo; a member said.<br /><br />Patel said the cash flow will be normalised very soon and reiterated that the decision will have a short-term impact on GDP growth.<br /><br />The BJP members in the panel protested over questions being posed to the Governor on demonetisation stating that the agenda of the meeting was the review of monetary policy. However, majority of the questions were on the withdrawal of notes.<br /><br />&ldquo;He said infrastructure, including the spectrum, is not ready for digital payments at the moment. He, however, said that the RBI will promote a cashless economy,&rdquo; another member said. 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He was given 15 days to reply to the questions posed by the members.<br /><br />&ldquo;We will take a look at his replies and if necessary will call him again,&rdquo; a member said.<br /><br />Patel said the cash flow will be normalised very soon and reiterated that the decision will have a short-term impact on GDP growth.<br /><br />The BJP members in the panel protested over questions being posed to the Governor on demonetisation stating that the agenda of the meeting was the review of monetary policy. However, majority of the questions were on the withdrawal of notes.<br /><br />&ldquo;He said infrastructure, including the spectrum, is not ready for digital payments at the moment. He, however, said that the RBI will promote a cashless economy,&rdquo; another member said. The panel will meet the Finance Ministry officials soon after the first lap of Budget session.<br /><br />Please <a href="http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true" title="http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true">click here</a> to read more. <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac-am-jigeesh-4681051.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | System not yet ready for cashless economy, RBI Governor tells PAC -AM Jigeesh | Im4change.org</title> <meta name="description" content=" -The Hindu Business Line 'RBI working on cutting transactions costs on digital payments' New Delhi: RBI Governor Urjit Patel, who appeared before the Public Accounts Committee looking into demonetisation and its impact on monetary policy, told the panel that the country’s infrastructure..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>System not yet ready for cashless economy, RBI Governor tells PAC -AM Jigeesh</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-The Hindu Business Line<br /><br /><em>'RBI working on cutting transactions costs on digital payments'<br /><br />New Delhi: </em>RBI Governor Urjit Patel, who appeared before the Public Accounts Committee looking into demonetisation and its impact on monetary policy, told the panel that the country’s infrastructure is not ready for a cashless economy.<br /><br />He assured the panel that the RBI is working out ways to reduce transaction costs involved in digital payments.<br /><br />As was the case when he appeared before the Finance Standing Committee on Wednesday, Patel, did not face any tough questions at the meeting held here on Friday. He was given 15 days to reply to the questions posed by the members.<br /><br />“We will take a look at his replies and if necessary will call him again,” a member said.<br /><br />Patel said the cash flow will be normalised very soon and reiterated that the decision will have a short-term impact on GDP growth.<br /><br />The BJP members in the panel protested over questions being posed to the Governor on demonetisation stating that the agenda of the meeting was the review of monetary policy. However, majority of the questions were on the withdrawal of notes.<br /><br />“He said infrastructure, including the spectrum, is not ready for digital payments at the moment. He, however, said that the RBI will promote a cashless economy,” another member said. The panel will meet the Finance Ministry officials soon after the first lap of Budget session.<br /><br />Please <a href="http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true" title="http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true">click here</a> to read more. <br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? 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The panel will meet the Finance Ministry officials soon after the first lap of Budget session.<br /><br />Please <a href="http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true" title="http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true">click here</a> to read more. <br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 32966, 'title' => 'System not yet ready for cashless economy, RBI Governor tells PAC -AM Jigeesh', 'subheading' => '', 'description' => '<div align="justify"> -The Hindu Business Line<br /> <br /> <em>'RBI working on cutting transactions costs on digital payments'<br /> <br /> New Delhi: </em>RBI Governor Urjit Patel, who appeared before the Public Accounts Committee looking into demonetisation and its impact on monetary policy, told the panel that the country’s infrastructure is not ready for a cashless economy.<br /> <br /> He assured the panel that the RBI is working out ways to reduce transaction costs involved in digital payments.<br /> <br /> As was the case when he appeared before the Finance Standing Committee on Wednesday, Patel, did not face any tough questions at the meeting held here on Friday. He was given 15 days to reply to the questions posed by the members.<br /> <br /> “We will take a look at his replies and if necessary will call him again,” a member said.<br /> <br /> Patel said the cash flow will be normalised very soon and reiterated that the decision will have a short-term impact on GDP growth.<br /> <br /> The BJP members in the panel protested over questions being posed to the Governor on demonetisation stating that the agenda of the meeting was the review of monetary policy. However, majority of the questions were on the withdrawal of notes.<br /> <br /> “He said infrastructure, including the spectrum, is not ready for digital payments at the moment. He, however, said that the RBI will promote a cashless economy,” another member said. The panel will meet the Finance Ministry officials soon after the first lap of Budget session.<br /> <br /> Please <a href="http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true">click here</a> to read more. <br /> </div>', 'credit_writer' => 'The Hindu Business Line, 20 January, 2017, http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac-am-jigeesh-4681051', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4681051, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => object(Cake\ORM\Entity) {}, (int) 6 => object(Cake\ORM\Entity) {}, (int) 7 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 32966 $metaTitle = 'LATEST NEWS UPDATES | System not yet ready for cashless economy, RBI Governor tells PAC -AM Jigeesh' $metaKeywords = 'Reserve Bank of India,Currency demonetisation,Demonetisation,Cashless Economy,Cashless Transactions,Digital India,Digital Payments,Digital Wallets' $metaDesc = ' -The Hindu Business Line 'RBI working on cutting transactions costs on digital payments' New Delhi: RBI Governor Urjit Patel, who appeared before the Public Accounts Committee looking into demonetisation and its impact on monetary policy, told the panel that the country’s infrastructure...' $disp = '<div align="justify">-The Hindu Business Line<br /><br /><em>'RBI working on cutting transactions costs on digital payments'<br /><br />New Delhi: </em>RBI Governor Urjit Patel, who appeared before the Public Accounts Committee looking into demonetisation and its impact on monetary policy, told the panel that the country’s infrastructure is not ready for a cashless economy.<br /><br />He assured the panel that the RBI is working out ways to reduce transaction costs involved in digital payments.<br /><br />As was the case when he appeared before the Finance Standing Committee on Wednesday, Patel, did not face any tough questions at the meeting held here on Friday. He was given 15 days to reply to the questions posed by the members.<br /><br />“We will take a look at his replies and if necessary will call him again,” a member said.<br /><br />Patel said the cash flow will be normalised very soon and reiterated that the decision will have a short-term impact on GDP growth.<br /><br />The BJP members in the panel protested over questions being posed to the Governor on demonetisation stating that the agenda of the meeting was the review of monetary policy. However, majority of the questions were on the withdrawal of notes.<br /><br />“He said infrastructure, including the spectrum, is not ready for digital payments at the moment. He, however, said that the RBI will promote a cashless economy,” another member said. The panel will meet the Finance Ministry officials soon after the first lap of Budget session.<br /><br />Please <a href="http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true" title="http://www.thehindubusinessline.com/economy/system-not-yet-ready-for-cashless-economy-rbi-governor-tells-pac/article9493664.ece?homepage=true">click here</a> to read more. <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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System not yet ready for cashless economy, RBI Governor tells PAC -AM Jigeesh |
-The Hindu Business Line
'RBI working on cutting transactions costs on digital payments' New Delhi: RBI Governor Urjit Patel, who appeared before the Public Accounts Committee looking into demonetisation and its impact on monetary policy, told the panel that the country’s infrastructure is not ready for a cashless economy. He assured the panel that the RBI is working out ways to reduce transaction costs involved in digital payments. As was the case when he appeared before the Finance Standing Committee on Wednesday, Patel, did not face any tough questions at the meeting held here on Friday. He was given 15 days to reply to the questions posed by the members. “We will take a look at his replies and if necessary will call him again,” a member said. Patel said the cash flow will be normalised very soon and reiterated that the decision will have a short-term impact on GDP growth. The BJP members in the panel protested over questions being posed to the Governor on demonetisation stating that the agenda of the meeting was the review of monetary policy. However, majority of the questions were on the withdrawal of notes. “He said infrastructure, including the spectrum, is not ready for digital payments at the moment. He, however, said that the RBI will promote a cashless economy,” another member said. The panel will meet the Finance Ministry officials soon after the first lap of Budget session. Please click here to read more. |