Shrikaranpur aims to be Rajasthan’s first cashless assembly seat
The Shrikaranpur assembly constituency in Ganganagar district aims to go cashless by March 2017. Leading the charge is MLA Surendra Pal Singh, also the mines minister in the Vasundhra Raje governmentUpdated: Dec 15, 2016 20:03 IST
The Shrikaranpur assembly constituency in Ganganagar district aims to go cashless by March 2017. Leading the charge is MLA Surendra Pal Singh, also the mines minister in the Vasundhra Raje government.
Singh embarked on the cashless mission on December 2 when he held a meeting with elected representatives – two pradhans, 80 sarpanches, ward members, and party workers – commercial establishments, and small businessmen such as grocers and roadside vendors.
Twenty-five young volunteers were picked for a three-day training by PayTM, a mobile wallet, from December 3 to 6. After the training, the young men went door to door to orient people towards cashless transactions.
“We began on the cashless mission after banknotes of high denomination were banned,” Singh told HT on Thursday. “The mission is in line with Prime Minister’s slogan ‘Mera Mobile Mera Batua’ (My Mobile, My Wallet).”
The BJP legislator engaged with mobile wallets – such as PayTM, MobiKwik, Freecharge, SBI Buddy and ICICI Pocket – and banks for opening accounts of those who don’t have one.
He said the Oriental Bank of Commerce (OBC) was opening bank accounts, and providing PoS (point-of-sale) machines at the rent of ₹100 a month – this otherwise ranges between ₹400 and ₹1,000. He said OBC has rented 50 PoS machines.
Mumbai-based Vakrangee Software is opening bank accounts through Aadhar and helping people download PayTM application at 108 e-mitra centres across the constituency with a population of around 2.5 lakh. Reliance Jio is offering free SIMs and proposes to install towers for better connectivity. Gram panchayats and urban local bodies have been asked to provide land for towers, the MLA said.
Rajasthan’s department of information technology is providing micro ATMs for groups of more than 1,000 people, the minister said. These are Adhar-enabled and allow transactions through fingerprint authentication.
Singh said he has roped in mobile phone companies to provide high-quality smartphones on reasonable rates. “People opening bank accounts get an accidental insurance of ₹2 lakh for a premium of ₹12 under the Pradhan Mantri Suraksha Bima Yojan. Philanthropists will pay the premium.”
The minister said at least 50% cashless infrastructure would be set up by March 2017, covering big businesses and small vendors.
“Going cashless has many benefits,” Singh said. “More money in banks provides more liquidity for loans at low interest rates and promotes savings. Electronic transactions will generate revenue for the government and reduce corruption in society.”