COURSE-SUMMARY OF YOJANA MAGAZINE FEBRUARY 2017 TOPIC-LESS CASH ECONOMY LESSON- OVERVIEW BY SHOAIB FARID MUNNAWER MOHD NAWA
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Demonetisation? why it was done? Step against black money: . Tax Compliance Adverse Consequence of cash Demonetisation in India First demonetisation in 1946 and another on 1978. - - How it was different from now?
Benefits of demonetization Check ON money hoarding. - Banking literacy Controls inflation in the economy Steps taken for less-cash economy - Jan Dhan Aadhar Mobile (JAM) . Vittiya Saksharta Abhiyan: . Luck Grahak Yojana and Digi Dhan Vyapar Yojana BHIM (Bharat Interface for Money:
Advantages of Cashless Economy Convenient mode of payment Lower Risk. - Good for banking sector. Good for banking sector. - Concerns Cashless transaction for poor people are not just practical. In rural areas only 20% of AIM s of PSB and 8.5% of private sector. Cybersecurity .
International Experience Comparison with Sweden and rest of the world. Way Forward Neutrality of mode payments Security Information . Security Information . Robust e-commerce policy Robust e-commerce policy
B Tech(ECE) , NIT Srinagar. AFSB recommended for Induction into Indian Air Force. Movies, Shayari ,Bike riding,Travelling.