---------- Forwarded message ----------
From: Nochur Ramanathan <
Date: Wed, Nov 30, 2016 at 5:13 AM
Subject: Times of India Article FIrst cashless society in India will be in
GOA




PANAJI: Goa is likely to become the first state in India to go cashless
from December 31, as people will be able to buy perishables such as fish,
meat, vegetables or anything else at the press of a button on their mobile.

There will be no need to carry your purse for purchases and the profession
of pickpocketers may become extinct soon, as all transactions will be done
on the mobile. "The money on purchases will be debited to the person's bank
account," chief secretary R K Srivastava
<http://timesofindia.indiatimes.com/topic/R-K-Srivastava> told STOI.

One has to dial *99# from their mobile phone, not necessarily a smart
phone, and follow the instructions to complete the transcation. This system
is being introduced to transfer money to small vendors who do not have
swipe machines. Swiping of ATM and credit cards at shops and establishments
will also continue.

A drive to create awareness on how to operate the cashless transaction for
vendors and small shops and the public will commence on Monday at Mapusa
and Panaji, in Goa.

While cash transactions are not being banned, the move is to encourage a
cashless society. Also, there will be no minimum limit on the cashless
transfer of money. Chief minister Laxmikant Parsekar said no fees will be
charged for any of these transactions over the mobile.

Defence minister Manohar Parrikar
<http://timesofindia.indiatimes.com/topic/Manohar-Parrikar> on Saturday
held a meeting with government officials and all the major nationalized and
private banks. During the meeting, Parrikar discussed the modalities to
implement the cashless scheme in the state.

Parrikar said at the Vijay Sankalp Rally at Sankhali on Friday that PM Narendra
Modi <http://timesofindia.indiatimes.com/topic/Narendra-Modi>had a dream
about a cashless society and "they told me that Goa can become the first
state to go cashless".

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