The Chief Ministers' Committee on promoting digital payment, will submit its interim report to the Centre in the next two or three days. Briefing reporters in New Delhi this evening, Andhra Pradesh Chief Minister Chandrababu Naidu, who is the Convener of the Committee, said the committee is exploring the possibility of the use of technology to simplify the digital payment procedures. He said, the best practices followed across the world will be incorporated.<br/><br/>Mr Naidu said, there will be consultations with all governments, banks, engineers, technologists and service providers. He said, the country is moving towards digital currency, which is cost effective compared to physical currency.<br/><br/>Stating that a large number of cell phone users are using the internet, the Andhra Pradesh Chief Minister called for making digital payment a mass movement. He said, the main thrust of today's meeting with bankers in Mumbai was how to make it possible to enable the delivery of low denomination currency to common man. <br/><br/>Mr Naidu also said, 500 rupee notes will adequately be made available to the public by 15th of this month. He said Aadhaar Card enabled digital transaction will be very handy for the people.<br/><br/>Mr Naidu admitted that there is a problem of connectivity in rural areas, which should be addressed.<br/><br/>Talking about Andhra Pradesh, the Chief Minister said every household in the state will be provided internet connectivity with 15 MBPS speed. The proposal involves an expenditure of 330 crore rupees. The services including the provision of all TV channels, Video Conferences at a nominal cost of 149 rupees per month.
News On AIR | December 8, 2016 8:37 PM
CM's committee on digital payment to submit interim report to centre