New Delhi: The government is adopting a policy of carrot and stick to convert India into a cashless society. The stick came in form of the not ban announcement, the carrot comes in form of incentives.
Already duty has been removed on swipe machines and transaction charges on card payments have been waived.
In a bid to turn this into a movement, government is involving common people by giving incentives. All those running Common Service Centres, where Aadhar cards are also made, will be given Rs 100 for converting one trader of the area from cash to cashless. That is, they will go to the local traders in the area and convince them to go for cashless transactions, and will get Rs 100 per successful conversion. (News24Bureau)