Updated By: LatestGKGS Desk
Prime Minister Narendra Modi launched two schemes Lucky Draw Yojana and Digi Dhan Vyapar Yojana to go cashless for consumers and businessmen.
Prime Minister stated that around 30 crore people in India have Rupay cards and 20 crore of them are from poor families having Jan Dhan Accounts.
Cashless transactions have been increased by 200-300% in recent days after demonetisation and the awareness towards online payments and using technology, economic transactions have increased.
Prime Minister expressed that economic transactions are very important for the country as mostly salary/ wages are received in cash and are often exploited.
In Prime Minister Narendra Modi’s Mann ki Baat, he expresses that digital payment is the golden opportunity for the youth to start-up and they can open new avenues through it.
Prime Minister Narendra Modi also stated that lot of people have raised questions to change the rules but he has decided to take action against those indulging in corruption.
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