-The Indian Express With optic fibre cables laid in over 65,000 gram panchayats, Centre’s BharatNet project seems on track to achieve its 1,00,000 target by March 2017. However, lack of active connectivity remains a concern. Ahmedabad/ Gandhinagar/ New Delhi: With less than 25 per cent of the 65,475 gram panchayats in the country with optic fibre connectivity having active internet under the BharatNet project, the success of Centre’s push for digital payments...
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Despite digital push, government hospitals still in cash mode
-The Times of India NEW DELHI: Despite Prime Minister Narendra Modi's big push for digital payments and cashless transactions post-demonetisation, government hospitals across the country remain woefully unequipped to translate his lofty visions into reality. Despite various state governments issuing directives to state and municipality-run hospitals to promote digital payments, an overwhelming majority of these are yet to install card swipe machines. Last week, the Union health secretary held a meeting on the...
More »Digital push problem: 9 of 10 cards used at ATMs, not for purchases -Sunny Verma
-The Indian Express Reserve Bank of India data for October 2016 put the number of debit cards in the country at 94.2 crore. New Delhi: The Centre’s digital push stares at a debit card usage problem: nine of ten cards are used solely for cash withdrawals at ATMs. Reserve Bank of India data for October 2016 put the number of debit cards in the country at 94.2 crore. People used debit cards for...
More »Centre to fund digital discounts -Nistula Hebbar
-The Hindu Public sector insurers, oil-marketing firms and others not to take a hit for cashless push The Centre has decided to bear the burden imposed on public sector firms on account of the many discounts and incentives offered to promote digital payments. The plan is to create a new expenditure head in the exchequer’s accounts that will absorb the costs of such measures. Public sector insurers, oil-marketing firms and others will thus not...
More »Delhi government starts langar for poor who are affected by currency Ban
-The Times of India NEW DELHI: Call it playing politics or what you will, but in a move that will gladden many, the Delhi government yesterday began providing free food for the poor who are now doubly hit by the shortage of cash due to demonetisation. "This move has been undertaken to provide the poor with three meals a day and save them from dying of hunger due to demonetisation," tweeted Delhi's...
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