In view of recent decisions of the Government, India is on the cusp of a major financial revolution. As we shift from a cash-dependent to a cashless economy, we look forward to better social equity, availability of more resources for development work through higher revenue collection, eradication of counterfeit currency, a reduction in illegal transactions and a curb on black money.
The purpose of the `Vittiya Saksharta Abhiyan’ recently launched by Ministry of Human Resource Development is to actively engage the youth/ students of Higher Education Institutions to encourage and motivate all payers and payees to use a digitally enabled cashless economic system for transfer of funds. Ministry of Human Resource Development views the institutions of higher education in the country, faculty members and students to take the lead and act as engines of this transformational shift.
We at Jagannath University want our students to actively participate in this campaign of cashless economy. In this connection only we have conducted a training session in our campus by SBBJ Bank for our students/ faculties/vendors to become familiar with cashless transactions and further they can also train the people to move towards cashless transactions.