India’s first cashless village
Currently most of the Indian are frustrated due to the cash crunch. Though some metropolitan cities are ahead in using online services for their needs, many semi-urban and urban cities are far behind. The situation of rural areas need not even be said.
In this situation, a tiny village in India became the first cashless village of the country by using online services and mobile payments for all its needs. Even when urban are people are suffering to cope up with the present situation, it is a wonder how it is possible for such a small village.
The small village is Dhasai in Thane district of Maharashtra. Earlier, the villagers used to utilize cash for their transactions like all other citizens in the country. But, post demonetization, they wanted to become aware about using cards and mobiles. As Prime Minister Modi is appealing to citizens to go cashless, the people in Dhasai decided to go cashless for a better future.
The village has 5,000 residents. They started using Point of Sale (PoS) machines and installed 150 machines which were distributed by Sudhir Mungantiwar, the state finance minister. Bank of Baroda provided the necessary support for PoS machines. An NGO Savarkar Pratishthan helped the villagers to get the services. Most of the people in village have bank accounts to get LPG subsidy.
The village has a nationalized bank Vijaya Bank and a branch of the Thane District Cooperative Bank. After the announcement of demonetization by the central government on November 8, both the ATMs witnessed a huge crowd of people queuing in front of the bank.
The hardship in finding cash made them seek alternative ways i.e. cashless transactions. 25 neighboring villages are depending on Dhasai. The village became India’s first cashless village by Friday. Thus it set a new benchmark to all villages in the country.
Sudhir Mungantiwar stated that the government is planning to make the entire state cashless by the end of first quarter, 2017. He added that the government would work to achieve this target.
Photo by Mark OFlynn on Unsplash (Free for Commercial Use)
You may also like
Image Reference: https://unsplash.com/photos/9GGW7nezXVw
Recent Posts
- RVNL Recruitment 2025 for manager and other postsA total of 12 full-time vacancies are available at RVNL's corporate office in New Delhi.
- Assam set to become India’s first state-level oil producerAssam is poised to become the first state government in the country to participate in oil production.
- Akash Prime missile scores direct hits in successful Ladakh trialsOn July 16, the Indian Army's Army Air Defence unit conducted successful trials of the Akash Prime missile in the Ladakh region. Developed by the Defence Research and Development Organisation (DRDO), the missile demonstrated high accuracy by delivering two direct hits on target during the exercise, according to defence sources.
- RVNL Recruitment 2025 for manager and other posts
What’s new at WeRIndia.com
News from 700+ sources
-
Empower women, free them from regressive traditions: RSS Chief Mohan Bhagwat
-
Astronomer clarifies Alyssa Stoddard was not at Coldplay event amid viral video speculation. Here’s what happened
-
Big setback for TikTok US deal, Blackstone drops out of consortium bid orchestrated by Donald Trump, claims report. What will happen now?
-
Gabriella Zuniga: Meet the 20-year-old OnlyFans model who settled a $50m sexual assault lawsuit against 57-year-old Shannon Sharpe
-
Embodiment of auspiciousness
-
Why Prada and other luxury brands keep getting India wrong
-
WeRIndia – A News Aggregator
Visit werindia.com for all types of National | Business | World | Politics | Entertainment | Health related news and much more..
Leave a Reply