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KCR for stepping up measures to promote cashless transactions

Hyderabad: Telangana Chief Minister K Chandrasekhar Rao today asked officials to step up measures to promote cashless transactions in the state.

Ibrahimpur village in Siddipet assembly constituency has become a model village by becoming a “cashless transactions village”, he said during a meeting with officials, according to a release from his office.

He hoped that the assembly constituency itself would become a “cashless transactions constituency” in the state, it said.

The state government has already decided to make Siddipet a model assembly constituency to promote cashless transactions.

Observing that the Telangana government can only implement the decisions like demonetisation taken by the Centre, Rao said the state government, however, need to take measures to help the common people.

“People should be educated to use the swiping machines, ATM, credit, debit cards and other mobile applications meant for the financial transactions. There are some apps, which require no Internet connectivity. Awareness should be created among the people on these modern applications and technology. The banks should also organise programmes in this direction. There is a need to open more ATMs and upgrade their servers. The government should have close coordination with the banks,” he said.