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Union Minister of State for Minority Affairs (Independent Charge) & Parliamentary Affairs Shri Mukhtar Abbas Naqvi holds Cashless Chaupal at Dalpatpur in Moradabad (UP)

New Delhi, 19th Dec, 2016: Union Minister of State for Minority Affairs (Independent Charge) & Parliamentary Affairs Shri Mukhtar Abbas Naqvi today said that in Moradabad in Uttar Pradesh the campaign for “cashless economy”, digital transaction, net and mobile banking is an effective mission to establish clean, honest and transparent system.

“Cashless Chaupal” was organised by the Ministry of Minority Affairs at Dalpatpur in Moradabad where thousands of people joined the digital transaction system. Shri Naqvi informed the people about benefits of digital transaction, online and mobile banking.

Speaking on the occasion, Shri Naqvi said, India being the largest democracy of the world, where 100 per cent electronic voting system has been successful, same way digital transaction, online and mobile banking will be successful. As the electronic voting system has been a great success as it ensured transparency in elections, like wise the campaign of digital transaction will succeed.

Bank officials helped the people present at “Cashless Chaupal” in downloading various mobile apps related to digital payment, net and mobile banking and briefed the people about these apps. Bank officials also gave presentation on digital payment system.

Shri Naqvi said that after digital transaction system, taxation system will be strengthened and more and more people will be brought under income tax system. Cashless system will also help farmers, small traders of the country.

Shri Naqvi appealed to the Muslim and other sections to join this campaign and help in eradicating the “cancer of corruption”. Shri Naqvi said that Ministry of Minority Affairs is promoting digital payment, online transactions. The Ministry has given scholarships worth Rs 6715 crore to 3 crore students into their bank accounts directly.

Shri Naqvi said that small shopkeepers, traders will be able to compete with big companies by adopting digital payment system. Digital, cashless economy will also reduce burden on the banking system.

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