Jamshedpur, Dec. 23: In view of recent decisions of the Government, India is on the cusp of a major financial revolution.
As we shift from a cash-dependent to a cashless economy, we look forward to better social equity, availability of more resources for development work through higher revenue collection, eradication of counterfeit currency, a reduction in illegal transactions and a curb on black money.
NSS unit of Karim City College launched the Vittiya Saksharta Abhiyan (VISAKA) at the college on Friday afternoon. The programme was headed by principal of the school Dr. Mohammed Zakaria where students and teachers were informed about the ‘Cashless India’ campaign.
At the event teachers along with students in large number participated. On the occasion Punjab and Sindh Bank officer SK Paul informed the gathering about the cashless campaign and how it will benefit the people.
He also told about the facilities being offered by the bank. Dr.Md Moiz Ashraf of Mathematics department of Karim City College asked the students to adopt cashless method including cheque, debit card, net banking and credit card and informed the simple method as to how it works.
At the campaign NSS unit formed 110 teams of students where each team includes a team leader, ten members and a supervisor. The supervisor of each team is a teacher of the college.
Each team was made to fill up a form, trained on the campaign and were given a target of making ten thousand families cashless. These teams will join the campaign from tomorrow and will visit several houses of bustis, villages and towns, carry out a survey, will impart training and will later send the report along with the photos to ‘Govt. of India Initiative for Digital Economy’.
Significantly, the purpose of the `Vittiya Saksharta Abhiyan’ is to actively engage the youth/ students of Higher Education Institutions to encourage and motivate all payers and payees to use a digitally enabled cashless economic system for transfer of funds.
Ministry of Human Resource Development views the institutions of higher education in the country, faculty members and students to take the lead and act as engines of this transformational shift.