Mann Ki Baat: Our dream is a cashless society, says PM

November 27, 2016

New Delhi, Nov 27: Prime Minister Narendra Modi on Sunday in the 26th edition of 'Mann Ki Baat' urged traders and youth to move towards less-cash society.

Mann''Our dream is a cashless society, but we can definitely take the first step towards a less-cash society", said PM. He said in the wake of the demonetization drive there has been 300 per cent increase in the use of Rupay card since people started using it.

Common people will be trouble free if they are made aware of this digital financial transaction, added PM.

PM thanked all bank employees and others who are working to help people post-demonetisation.

PM justified the demonetization move saying treatment cannot be simple for a disease (Blackmoney and corruption) infected the country for 70 years.

Further details are awaited.

Comments

Indian
 - 
Sunday, 27 Nov 2016

If anyone have good suggestion to give will appreciate, otherwise get off u ass.

Skazi
 - 
Sunday, 27 Nov 2016

Khad asa bod na ..... wage earners will have to visit the bank Atm daily to collect yesterdays wages.... provided the owner transfers the money in time

Ansari
 - 
Sunday, 27 Nov 2016

Yes it will Cash less... but also with people less..

Arif
 - 
Sunday, 27 Nov 2016

Tax is like 'Herding', the way a shepherd herds the animals to reach the destination, Govt. is doing the same by herding the people towards banking cartels. This is why they created 'cash crunch' and issuing Rs.2000 note first instead of Rs.500 is the reason for it. There is a greater agenda that is happening all over the world, under the guidance of UN, IMF and World Bank, in order to bring humanity under one umbrella, so that every economic activities can be controlled and monitored by \few\" who wants to rule the world and bring about one world government, one religion, one culture, one money (digital), one economic system and one civil society. In order to achieve this, they do not care if people face problems, they have to do this some how. As such digital money is just some digital pulses, they can easily manipulate the world through this. Already PM yesterday told us that he did the demonetization \"on the recommendation of RBI\". And the RBI gets recommendation from IMF and World Bank. Our Prophet (s.a.w.s) about Dajjal and his trials, which will be greatest trials that humanity will undergo. Dajjal will emerge hoping people development s and prosper, our prophet (s.a.w.s) told us that his heaven is hell and his hell is actually heaven. Dajjal yet to emerge among our midst, but the process to make his rule effective world over, is already happening in our midst. Dajjal sees with only one eye, i.e., this Dunia and other eye is completely shut, the eye of Akhira. Most of the education, economic , political systems in our midst have already removed the words religion and God. Only one thing I have to say during these trials, is to keep our faith in tact."

Rikaz
 - 
Sunday, 27 Nov 2016

Mr. Modiji, we have 30-40% illiterates.....how you are going to convince and help them to use bank debit and credit cards....

This is a good idea, this will stop corruption, no doubt at all.....

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News Network
March 3,2020

Wayanad, Mar 3: Anguished over the alleged delay in receiving flood relief from the Kerala government, a 42-year-old man committed suicide in Wayanad district, police said on Tuesday. Sanal Kumar, a native of Thrikaipatta in Meppadi near here was found hanging inside the temporary shelter built by his friends and local people on Monday. He was among the hundreds who had lost their homes in the August 2019 floods.

His home, built on a three cent plot, had been damaged partially in 2018 floods and completely in the 2019 deluge. Family members of the deceased alleged that it was due undue delay on the part of the authorities in allotting funds for rebuilding his house that drove Kumar to take the extreme step. Kumar was hoping to get a house under the Life Mission project, sources said.

A relative said Kumar had only 3 cent of land and had lot of debts. Even the Rs 10,000 assistance promised by the state government for the flood affected, had not reached him. Since the past two years he had filed several applications for assistance and apporached many revenue authroties for the promised government assistance, but it never came, the locals alleged.

According to K K Sahad, president of Meppadi Panchayat the deceased had some other financial issues and it was not the delay in rehabilitation that made him commit suicide. "It is true that he was not included in the first list of beneficiaries under the LIFE project as he had to have "pattayam" (land records) for his land.

However, he was included in the second list, thanks to the dilution in the norms that possession was enough for those who had no 'pattayam' for their property. The amount of Rs 4 lakhs was sanctioned for him, but was delayed a bit due to some technical issues."

Wayanad MLA C K Saseendran described it as an "extremely sad" development. As Kumar had some difficulties in producing the land recrods, the authroties had been unable to include his name in the LIFE housing scheme in the first phase.

The matter has been brought before the notice of the revenue authorities, he said. Vythiri Tahsildar, Abdul Hameed, visited Kumar's relatives this morning as the family members of the deceased wanted his presence before the body was taken for post-mortem.

"There was some technical issues with regard to the land as it falls within the adhivasi reserve. But they were occupying it for long. However, the issue has been sorted out and that his family members would be getting the eligibility amount of four lakhs," Hameed said.

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News Network
January 30,2020

Jan 30: BJP leader and West Bengal party head, Dilip Ghosh has yet again made a controversial statement. He said that one has to go to jail in order to gain respect or become a political leader.

"You will not be a leader if you don't go to jail, if Police don't take you, then you must go there yourself. If they don't give you any scope, you do something to go to jail, only then will people respect you. There is no place for soft people in politics," ANI quoted Ghosh as saying.

Earlier, Ghosh had triggered a controversy by saying that anti-CAA protestors in Assam and Uttar Pradesh were shot dead "like dogs", and similar punishment should be given to protestors in Bengal.

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News Network
May 9,2020

New Delhi, May 9: Three promoters of Ram Dev International, recently booked by the CBI for allegedly cheating a consortium of six banks to the tune of Rs 411 crore, have already fled the country before the State Bank of India reached the agency with the complaint, officials said on Saturday.

The CBI had recently booked the company engaged in export of Basmati rice to the West Asian and European countries and its directors Naresh Kumar, Suresh Kumar and Sangita on the basis of complaint from the State Bank of India (SBI), which suffered the loss of more than Rs 173 crore, they said.

The company had three rice milling plants, besides eight sorting and grading units in Karnal district with offices in Saudi Arabia and Dubai for trading purposes, the SBI complaint said.

Besides SBI, other members of consortium are Canara Bank, Union Bank of India, IDBI, Central Bank of India and Corporation Bank, they said.

The Central Bureau of Investigation (CBI) did not carry out any searches in the matter because of the coronavirus-induced lockdown, the officials said.

The agency will start the process of summoning the accused, incase they do not join the investigation, appropriate legal action will be initiated, they said.

According to the complaint filed by SBI, the account had become non-performing asset (NPA) on January 27, 2016.

The banks conducted a joint inspection of properties in August and October, nearly 7-9 months later only to find Haryana Police security guards deployed there, they said.

"On inquiry, it has been come to notice that borrowers are absconding and have left the country," the complaint filed on February 25, 2020, after over a year of account becoming NPA, the officials said.

The complaint alleged that borrowers had removed entire machinery from old plant and fudged the balance sheets in order to unlawfully gain at the cost of banks'' funds, it said.

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