Though digital transactions have jumped to 55 per cent in the past year, debit card usage has not been able to replicate the peak numbers of December 2016
A total of 81 cashless townships have been developed by Gujarat Narmada Valley Fertilizers and Chemicals (GNFC) across 12 states in India
India saw an increase of 55 per cent in digital payments in 2016-17, compared to the previous year
Out of 10 crore small traders in India, only 1.5 per cent opt for digital payments, thereby excluding a large segment of them from cashless transactions
Following Hike Messenger, many other messaging apps are expected to launch their digital payments services later this year
Digital Sakhi will train around 100 women from 32 villages to familarise themselves with the core concepts of digital finance
More than 2 lakh ration shops across the country have been provided with PoS machines to facilitate cashless transactions
The Government eMarketplace is the one stop e-portal for goods and services to be supplied to all ministries
With an existing user base of 100 million registered users, Hike's UPI enabled e-wallet is sure to catch up fast
T Wallet, which is the official digital payment wallet launched by the state government of Telangana, facilitates transactions across several platforms.
A partnership between the state government and global payments giant will see the implementation of multiple initiatives in Visakhapatnam to make it India's first cashless city
While India moves towards a digital economy, it can look at some European and African nations which have successfully moved towards a functioning cashless economy.
An increase of 22 per cent in cashless payments in 2016 paves the way for India to further adopt cashless methods and move steadily towards a digital economy
The insurance sector saw an increase of 22% of Rs 1,75,021.89 crore in digital payments in financial year 2016-17, though most of it was from urban areas.
By installing PoS systems in shops and educating the villagers on mobile and internet banking, the district administration has transformed Naya Gav in Rajasthan into a functioning cashless village.
Kushalta Ke Kadam, an initiative undertaken in collaboration by NDTV and USHA, aims at empowering women from rural India and encourages to become financially independent. It motivates them to become entrepreneurs by taking up sewing and training others in their respective communities. Since 2011, Usha Silai Campaign has trained more than 8 lakh women from rural areas, with over 26,878 Silai schools, spanning over 15,689 villages across India.
Kushalta Ke Kadam in Season 6 has returned with new goals, vision, and many new success stories. The new season will witness the establishment of the new partnerships with government, corporate and institutions.It celebrates the women who sustained during the pandemic when the world economy was collapsing, when people were losing their jobs.