Bhubaneswar: “Digital financial literacy and financial inclusion is the major focus today to make India gradually a ‘less cash’ society by 2020. The National Payments Corporation of India (NPCI) is pioneering with back-end technologies to fulfil the dream and promoting the mobile based transaction practices across the country” said Shri Abhaya Prasad Hota, Managing Director and CEO, NPCI in a Seminar here.
Addressing the gathering Shri Hota mentioned that after demonetization in last year, India is now heading towards a more inclusive society to adopt the digital transactions in everyday life. Several measures including the JAM trinity – Jan Dhan Accounts with Rupay Cards, Adhar Based Payment System and Mobile Banking are the new mantra by the Reserve Bank of India and the Central Govt. too. NPCI is working closely towards another BTT trinity – Bharat Bill Payment System, Toll Gate Payment at national Highways and Transactions in cities & towns, which will change the entire scenario of digital financial inclusion in the country soon.
“It’s a great moment for Odisha to host Shri Hota and to know more about how NPCI is engaged and planning to make India a ‘less cash’ society through financial literacy. In Odisha, we are consistently working with students, teachers, youth, media and others relevant to make our people understand and practice the benefit of digital transactions though using mobile based technologies and debit/ credit cards for even every smaller transactions” said Shri Dasarathi Mishra, Founder and Managing Partner, AFLC.