Telangana Government is now coming up with TS Wallet App for future cashless transaction payments using smartphones. This was the call taken by our PM Narendra Modi’s cabinet to rollout a roadmap for cashless payments, which is one of the government’s key agendas after the demonetisation exercise to make cashless economy or cashless society.
PM Narendra Modi addressed in “Mann Ki Baat” radio as: Lesscash First, Cashless Society Next!
Cashless economy is Safe, Secure and it’s Clean making India move towards an increasingly digital economy.
Prime Minister Narendra Modi requests country to get into a cashless society after the demonetization of 500/- and 1,000/- and this is the first biggest financial event in the history of India. The change has been accepted by many of the people but has also received some serious criticism from senior citizens.
Currently, GDP ratio of India is an indication of amount been used which is around 12% to 13%. With cashless transactions in future, there is some lack of infrastructure which is bringing back the move towards achieving the goal of going digital. So, lets go digital.. lets go cashless!
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