Source: News Bharati English25 Nov 2016 13:14:33
Andhra Pradesh, November 25: Demonetization drive has led to stir the whole nation economically. An effort to get rid of black money came with surprise move of PM Modi but whole nation is ready to face hardship what may come to get India economically developed. Post demonetization drive many people switched to online payment modes due to unavailability of cash which further led to digital transformation. Shopkeepers, cobblers, vendors too joined this digital drive making easy for people to carry out their daily expenses. Noting this change post demonetization Andhra Pradesh government is planning to distribute free mobile phones to economically-backward people to perform cashless transactions.
Chief Minister N Chandrababu Naidu came up with this proposal during a review meeting with RBI officials and bankers in Vijaywada on Thursday.“Everybody needs a mobile phone for digital transactions, so we want to implement this idea and distribute mobile phones,” he said.
RBI officials informed the Chief Minister that another Rs. 3,000 crores worth new currency notes were expected to reach the state by November 28. Of this, notes of smaller denominations were expected to be around Rs. 60 crores, they said. The Chief Minister asked the bankers to review the situation constantly with their top officials through teleconference, till the problem eased out.
The state government is exploring novel methods to cultivate habit of cashless transactions, among those sections that are not familiar of it. This comes after various steps taken by Andhra Pradesh Government to help transition in a technologically advanced state.