-The Telegraph New Delhi: Each citizen who performs at least two cashless transactions with the government will earn their district administration an extra Rs 10 from the Niti Aayog, to be spent on promoting e-payments across the population. This incentive comes over and above a sum of Rs 5 lakh that every district will receive for the campaign, launched today to try and make all government-citizen transactions cashless. As part of the drive,...

-The Telegraph New Delhi: Participating as a volunteer in the Centre's financial literacy campaign for a cashless economy will yield academic credits to students of higher educational institutions, including the IITs. The Union HRD ministry has launched a scheme called the Vittiya Saksharta Abhiyan (Visaka) under which heads of institutions have been advised to give students credits for taking forward the Prime Minister's agenda. "Directors of all institutions should ensure that the necessary...

-The Hindu Business Line SHGs pave the road to financial independence in UP villages Three years ago, Simrikha Devi’s eightyear-old son made an unusual request. He asked for hundred rupees to buy biscuits,knowing well that his mother, a daily wager, would have to scrounge for the money. Although she was taken aback, Simrikha gave him the money. Her curiosity grew further when he returned with a bag of biscuit packets and began hawking...

-PTI NEW DELHI: To promote cashless transactions in rural areas, the Government will use MNREGA network to TRAIn and guide people, Union Minister Narendra Singh Tomar today said. "I will request our officials that following the Prime Minister's advice of promoting cashless transactions we should use our MNREGA network to TRAIn and guide people in the rural areas about cashless transaction," Tomar said here at an event to announce geo-tagging of over...

-Scroll.in The liquidity crisis has affected both the trade in food and the planting of the winter crop. As demonetisation enters its second week, traders in Patna’s Maroofganj mandi are seeing something unprecedented. In the last seven days, the supply of new stocks in this wholesale market, which supplies cooking oil, spices, rice, wheat and pulses to shopkeepers across Patna, has plummeted. The supply of cooking oil, for instance, is down by 80%. Talk...