Top 5 Benefits of Cashless Transaction

On the 8th November, 2016, Prime minister of India has announced demonetization and with immediate effect Rs.500 and Rs.1000’s note are discontinued. Due to the demonetization effect, there was big shortage of cash in India; government of India has pushed for cashless economy. 

Top 5 Benefits of Cashless Transaction

Benefits of Cashless Transaction
Many people from urban areas had supported demonetization and cashless economy. But in rural areas, where there is very low number of smart phone users are exist and very low coverage of internet in rural area, there was big trouble for them to go cashless.

But to solve this issue, government of India has launched BHIM Application and aadhar based payment option under which user don’t require smart phone; one can make payment via USSD code as well. But many people are still in confusing about benefits of cashless economy. So, here we are offering some of the major benefits of cashless economy.

Major Benefits of Cashless Economy

Below we have mentioned some of the important benefits which will provide you more emphasis to follow cashless economy.

#1 Easy way to track spending Account Transaction

Since, most of the transactions are done via mobile application. One can easily track all the spending, transaction with just simple click. You can save more money and get accountability of money transaction. It will help you to fill income tax return as well.

#2 Online Shopping offers Big Discounts

Unlike all offline shopping, online shopping sites offers big discounts. Sites like amazon, flipkart and other sites offer big discounts. To get best product at low price, you can refer to product review blogs where you get list of top products and help you to decide which product you buy.

And part form this offers, you get cash back offers for using some debit cards/credit cards for payment. And using mobile wallet payments, you can more discounts. Some online shopping sites also conduct online sales festival where you get more discounts. Government of India also offered discounts on service tax, fuel surcharge, e-IRCTC ticket booking with cashless traction.

#3 most convenient way

You don’t need to carry big bundle of cash and worry about cash theft. But using cashless payment of cards, you can pay for all shopping expense with just card. You don’t need stand in long ATM queues for cash withdrawal, and waste your time. Using card payments, you can just go for safe and saving mode shopping.

#4 Don’t need to worry about Change

With cash payments, for small payment of bills, you need to arrange changes, small amount of notes for exchange. But with card payments, you don’t need to worry about changes. You pay exactly for exact amount. This is most convenient way to pay for small amount and for fraction.

#5 Very Low Risk

Though, some risk like cyber theft and other are also associated with cashless traction, but its quite lower than cash transaction. One can use bio-metric Ids to get identify yourself while making payment with cards. Other verification process like OTP and password verification is still convenient to use.

Overall, it’s a most advance way to make payment and easy as well. But some people are not ready to go with cashless, government is making tutorials for cash transaction and building infrastructure. But with increasing number of Smartphone buyers and reducing internet plans of mobile company, there is high chance that soon more people will start following cashless transaction.

We also recommended our readers to join the digital mission and adopt the digital payments as soon as possible and also it helps to go paperless, save the environment.

13 Important Facts About Swachh Bharat Abhiyan

Swachh Bharat Abhiyan which was started by Prime Minister Narendra modi on 2nd October, 2014 (after announcement from the red fort on 15th August, 2014). This abhiyan or mission is purely dedicated to Mahatma Gandhi, who loved cleanness more than anything. 

13 Important Facts About Swachh Bharat Abhiyan

Swachh Bharat Abhiyan
Under this mission, government of India is offering financial aid to poor people of India to built toilet and provide pure drinking water. Building toilets for public in public place, provide toilet for villages, playground, households, are some of the main task of swachh bharat abhiyan. 

Also under this mission, government of India scheduling yearly ranking contents among cities of India. The city which performs the best, get 1 to 15 ranking by government of India. It has been said that Gandhi bapu loves cleanness more than anything, and he always pressured for clean and green India. So, to fulfil this dream of Gandhiji, Prime minister modi has aimed to celebrated Mahatma gandhi’s 150th birth anniversary (2nd October, 2019) with gifting clean India. And for that government of India is working very hard.

Below are some of the statistics related to this mission, which you loved to check;

  1. Govt of India has allocated Rs.62,009 crores of budget for this mission.
  2. Arond 1.04 crore of households will be covered under this mission and will be provided toilets.
  3. Govt will fit 2.5 lakh community toilet seats, 2.6 lakh seats of public toilets, and also make effort for solid waste management.
  4. Only 22% of Indian rural family had toilet facility (as per the data of 2011).
  5. Govt of india offers Rs.10000-12000 for building toilets to households.
  6. Under which state has 30% of money to contribute, while rest of the money are offered by central govt.
  7. To market more, PM Modi has nominated some of the big stars like Kapil Sharma, Indian cricket team, Kiran Bedi, sourav ganguly, India today group, and many more.
  8. By 2016 (within 2 year), 3 Indian states are declared open defection free.
  9. Many local people in many states also voluntarily participated in this mission.
  10. Sikkim was the first state in india which was declared open defection free. Himachal Pradesh and Kerala was on 2nd and 3rd place respectively.
  11. Under Swachh bharat mission, Indian railways also installed 37,000 bio-toilets and by 2018, all train-coaches to have bio toilets.
  12. Clean anganwadis, playgrounds, food, self cleaning, are also part of this mission.
  13. Every Member of Parliament is asked to adopt one village of their constituency and empower them and clean it.
These are some of the important aspects of swachh bharat abhiyan. India is trying hard to fulfill all the dreams of Mahatma Gandhi. After salt march and many other missions, Gandhi has played key role to improve lives of poor villages of india. Not only government, common citizen of india too participating in cleanness drive and adding their contribution.

Government of india has hired super star amitabh bachchan and below are videos of Advertisement which shoot for swachh bharat abhiyan with amitabh bachchan.

For more updates related to India and government works, keep visiting india and around blog. 

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