-The Indian Express Say digital wallets have helped but can’t replace cash. - Shakuntala Vani (51) from Kandivli may not possibly have any black money. She sells vegetables for a living. Having managed somehow since the government demonetised currency notes of Rs 500 and Rs 1000 denominations on November 8, says Shakuntala, her family is now on the brink of starvation. – Chote Lal (55) from Thakur village never used digital wallets in...

-The Hindu The government has declared an incentive package to encourage non-cash payments for fuel, new insurance policies from public sector firms, train tickets and highway toll, among other things. For credit and debit card transactions up to Rs.2,000, the Reserve Bank of India has relaxed its stringent two-factor authentication requirement, and service tax stands waived. Taken together, these moves to encourage cashless payments are significant not just because they can...

-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,...

-Frontline.in To rural India, which is already reeling under multiple crises, demonetisation has come as yet another blow. WHEN the Prime Minister made the decision to withdraw Rs.500 and Rs.1,000 notes, he did not quite factor in the impact it would have on agriculture. Despite the rhetoric the concept of digital wallets has not yet entered rural India unlike in much of the country’s urban areas, and much of rural and...

-The indian Express Govt hopes demonetisation will accelerate India's drive towards a cashless economy. The challenge, however, is to get the unbanked millions into the net. Mumbai: FOR MOST of this year, bankers at State Bank of India, the country’s largest bank, were trying hard to market Point of Sales (POS) machines for debit and credit cards to small businesses and establishments. This would give the bank access to funds at relatively...