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Government Starts to Aid Aadhaar Based Transactions through Mobile Phones

Aadhaar Based Transactions through Mobile Phones

The Central Government is looking forward and taking necessary steps to reduce cash crux due to demonetization and make India as a cashless economy. As a part of that Government of India is planning to help Aadhaar enabled financial transactions through mobile phones.

Ajay Pandey, Director General of Unique Identification Authority of India (UIDAI), said, “Aadhaar-enabled transactions are card less and pin-less. So, make it easier for all it will introduce to Android users and they can digitally manage using their Aadhaar number and fingerprints/iris authentication.”

He also stated that the Government has already started efforts to implement Aadhaar enabled transactions which require a multi-split strategy which includes taking to mobile manufacturers, merchants, and banks. The move is part of achieving digital payments to reduce cash crunch.

Aadhaar app Ready to be Launched over the next Three to Six months first in Android and Apple phones

NITI Aayog CEO, Amitabh Kant said, “We are already contacting mobile manufacturers to see if mobile made in India could be in built with iris or thumb impression to aid Aadhaar enabled transactions.”He said that Government is rigorously working on a scheme to impediments cash transaction and increase digital transactions in the country, but he refused to share the estimation of the budget for this plan.

The Government is seemingly working on developing a common mobile app that can be used by shopkeepers and merchants for receiving Aadhaar-enabled payment transactions by passing credit and debit cards.

Meanwhile Information Technology Secretary Aruna Sundarajan said, the ministry has already kept Rs 100 crore aside to increase merchant enrollments on digital platform to move the drive.

Misuse of Aadhaar Card is now a Punishable Offence

She also added, “The Ministry will undertake a major outreach message drive starting from Monday to ensure that every segment of the population is enables to use one of the other modes of digital payment”.

The 12 digit Aadhaar Number has already been issued to 1.08 crore people across the country and 99 percent adults have been covered. People can link their Aadhaar with their bank accounts and use Aadhaar-enabled transactions through mobiles.

Demonetisation: In 23 Places You Can Now Use your Old Rs 500 Notes

In 23 Places You Can Now Use your Old Rs 500 Notes

The Central Government on Thursday has released a circular about usage of old Rs 500 Notes following the demonetisation. Yes, the Government has announced that still you can use Rs 500 old notes in few places. In a statement Government mentioned that Old Notes exchange has stopped and banks or post offices will allow deposit and withdrawal from November 25 to December 15.

However, Government has permitted various exclusions for certain transactions and activities wherein Payment could be made through old Rs 500 notes. Now we can use Rs 500 old notes in the below mentioned places till December 15, 2016 midnight.

Nepal Bans Rs 500 and Rs 2,000 New Indian Currency Notes and considers ‘illegal’

List of Places for using old Rs 500 Notes

  1. You can use Rs 500 old notes for pre-paid mobile top-up.
  2. Any Purchases from Consumer Cooperative Stores will be limited to Rs 5000 at a time
  3. Payment of fees in Central or State Government colleges
  4. Foreigners will exchange currency up to Rs 5000 per week. So, necessary entry to this effect will be made in their passports
  5. Pay Current bills, water bills, gas bills
  6. Toll Plazas at National Highways remains closed up to December 1. Now from November 1 to December 15 midnight, they can allow old Rs 500 notes.
  7. Payment of School Fees up to Rs 2000 per student in Central Government, State Government, Municipality and local body schools.
  8. Government Hospitals will also allow Rs 500 notes
  9. Railway Stations
  10. Public Transports
  11. Airline Tickets at Airports
  12. Milk Booths
  13. Crematoria/burial grounds
  14. Petrol Stations
  15. Metro Rail tickets
  16. Pharmacies and Medical Agencies
  17. LPG Gas Cylinders
  18. Railway Caterings
  19. Current and Water bills
  20. Entry Ticket of ASI monument
  21. Consumer Cooperative Stores
  22. Taxes and Penalties to Government bodies court fees
  23. Seeds at State-owned outlets

However, few organizations stated that it is very difficult if you allow Rs old 500 notes at this time. Cellular Operations Association of India (COAI) on Thursday said Government’s decision to allow old Rs 500 notes for prepaid mobile recharges will address difficulties being faced by consumers.

Now Use Narendra Modi App to Share your Thoughts and Opinions on the Ban of Rs 500 and Rs 1000 Notes

“We are happy that Government responded to our request in the interest of customers, addressing the difficulties faced by the ordinary citizens who can continue to top up and use mobile services which are essential services,” said Rajan Mathews, COAI director.

According to the latest reports, the recharges and top-ups for prepaid mobiles have drastically fallen as consumers struggle with less liquid cash in their kitty. Now allowing old 500 notes for prepaid mobile recharges will increase the accounts for over 90 percent of the Indian mobile market.

Government Justifies their Decision on Demonetisation, Explains the Advantages to SC

Government Listed out the Positives of Demonetisation to Supreme Court

Central Government on Thursday morning came with a new statement and said that demonetisation of Rs 500 and Rs 1000 would have many benefits. Justifying their decision on the ban of old 1000 and 500 notes, the Government told the Supreme Court that the measure would reduce black money, fake notes being printed in Pakistan and help the poor and middle class.

After the Proclamation had filed in the Apex Court, the Central Government listed out the pros of Demonetisation. It said that the decision would put the economy on a high growth that would create more jobs and make housing in urban areas reasonably priced to the poor.

The government also said that approximately 22.4 lakh pieces of Rs 1,000 notes and 37.5 lakh-Rs 500 notes were in circulation in the 2014-15. The Centre said it had implemented a “multi-prolonged and standardized approach to wiping out black money in the country and promote cashless transactions and Demonetisation is the first step in that.

Nepal Bans Rs 500 and Rs 2,000 New Indian Currency Notes and considers ‘illegal’

“The Withdrawal of current high demonetisation bank notes will control funding of terrorists surely. It will eliminate black money, and the poor, and middle-class people who are suffering due to black money will get a benefit.

“The Replacement of old notes by way of deposit or exchange is being carried out in a big way through 1.30 lakh bank branches, 1.5 lakh post offices, one lakh banking correspondents, and 2.01 lakh ATMs. Further, there are 14,43,595 (POS) which are online and the total number of outstanding cards is 2,59,43,784,” said by Government.

Demonetisation: RBI Increases Digital Wallets Balance Limit to Rs 20,000 per month

The government said, “Due to Demonetisation Poor and middle-class persons will be benefited. For example, considering real estate sector, there is the extreme use of cash due to high cash transactions in the purchase of lands and properties. The property prices get pushed up affectedly. However, this reduces the availability of cheap housing for the poor and middle class.

Digital Payments increased. We found an increase in the digital payments through credit cards, debit cards, internet banking, mobile apps and e-wallets. In the last ten days, there has been nearly 300 percent raise in the online transactions that have made by the cards.”

Demonetisation Effect: Petrol pumps to provide upto Rs 2000 a day

petrol pumps-to-dispense-cash

Are you frustrated about liquid cash? Struggling to get cash from ATMs ? Then this announcement from central govt will make you happy.

Coming to the News is you can get the cash from Petrol Stations. Yes, now drive into a petrol station to draw money. You can swipe your debit card at fuel stations run by state-run oil companies and get Rs 2000 cash.

This facility will be initially started at 2,500 petrol pumps across India that have SBI cards swipe machines. Now from coming three days, the service will be prolonged to 20,000 petrol stations that have card swipe machines from HDFC, Citibank, and ICICI.

Rs 500 and Rs 1000 Notes Ban Affect: Government announces that Families can withdraw upto 2.5 Lakh if any wedding

All India Petroleum Dealers Association suggested this move as a part of center’s efforts to affluence the rush for new notes at bank branches and ATMs following Withdrawl of Rs 500 and 1000 notes. But, they estimate that there will be a chance of rush at petrol pumps by this initiative.

After arranging a meeting between senior executives of leading petroleum industries such as Indian Oil, Bharat Petroleum and Hindustan Petroleum and SBI Chief Arundhati Bhattacharya, finally, the plan of withdrawing cash from Petrol Pumps came to the limelight on Thursday.

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The facility to draw money from petrol pumps will carry on even after November 24, which is the deadline for the use of inactive Rs 500 and Rs 1000 notes in gasoline stations and essential services. The Withdrawl may be limited, and it will be regulated to Rs 2000 per debit card per day.

Ajay Bansal, AIPDA President, told that “We are happy for our proposal. Finally, Government approved the proposal to help middle-class people. We are supporting Government in its fight against black money and terror funding.”

Centre Paves Way for Employees Timely Promotions

government: Centre Paves Way for Employees Timely Promotions

Good News for the Government Employees! Department of Personnel and Training (DoPT) is now instructed all the departments and cited them in ensuring the timely promotions for the employees. This was finalized by conducting the meetings of DPC (Departmental Promotion Committee) in time.

All the central government departments have been asked to organize the meetings of Departmental Promotion Committee (DPC). This motto of the meeting is to verify the details over “abnormal delay” in providing the career benefits for the government employees. After noticing the cases of delay, they have come up for holding the meetings of DPC and decides about the employee’s promotions. The propaganda calendar is also issued during these meetings by the DoPT (Department of Personnel and Training).

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Things regarding the delay of the many promotion posts were brought up to the notice of Government. The reason behind lying vacant is due to abnormal delay in convening DPCs.

The DoPT said so that, “The objective of timely promotions of employees in various ministries and departments can be achieved only by holding DPC meetings.”

They added, “given above, all ministerial departments are again advised to ensure strict compliance of instructions in order achieve the desired objectives of the timely convening of DPCs or preparation of approved select panels within the prescribed time frame,” However, there are about 50.68 lakh central government employees in India.