Day 5 of Training and educating India towards a cashless future at Paharganj


Day 5 of Training and educating India towards a cashless future at Paharganj

The 5th Day of Training and Educating the people about a Cashless Future continued its teachings in Paharganj, Delhi. Meenakshi Lekhi helped the residents understand the political steps required for an easy entrance into Digital India. Demonetization has addressed a number of concerns India was plagued with, corruption, terrorism and dependence on cash being a few of them. The ideal amount of cash that a nation should be in possession of, according to Lekhi, is from 2 to 4%. The newly launched Apps, promotion of net banking and online wallets can help in, leading to a significant reduction, of long queues outside ATMs and Banks. Lekhi highlighted some of the other initiatives undertaken by the BJP government which required a change in the mind set; the idea of a cashless India is a novel one, similar to the PM’s Swachha Bharat Abhiyan and other programmers, all of which have one thing in common: their desire to see the nation’s advancement. Therefore, the nobility of these goals must be taken into account by the public, which then should make efforts to change its habits.

The UPI, Unified Payment Interface, App would become the first step to cross over to the cashless age. UPI and other such schemes would make transferring of money easier, hastening the evaporation of cash from the structure. Everyday work, from paying for gas to buying groceries, is all just one click away. In a digitalized india, online wallets would become the ideal mode of payment.

From demonetization, to vouching for a cashless economy, the BJP government’s noble aim to erase the parallel economy run by black, unaccountable money, is part of the larger pattern of Digital India, a notion that forms a large chunk of the government’s manifesto.

Pradip Bhandari
Pradip Bhandari is the recipient of young leader award 2014 in the largest Indian Model Youth Parliament. He is a public policy graduate who is a Daly College and MIT Manipal alumnus. A believer in "Be the change you want to see", he wants to give voice to the citizens.

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