Don’t miss the latest developments in business and finance.

Centre to address challenges of NE digital transaction: Gohain

Image
Press Trust of India Shillong
Last Updated : Feb 07 2017 | 8:28 PM IST
Union Minister of State for Railways Rajen Gohain today said that the Centre would take steps to address the challenges of digital transactions faced by the North Eastern states.
"I am aware that there are certain challenges and barriers in universalisation of digital transactions and migration to digital economy in remote corners of North East where infrastructure and Internet connectivity is poor," Gohain said.
There were also issues like lack of awareness of the benefits of digital transactions, poor financial literacy, difficulty in operating bank accounts and poor banking network, he said while addressing the one-day Digidhan Mela.
Gohain said, "I would like to assure you that our government will take all possible steps in order to address these challenges and concerns."
He said that the demonetisation drive was primarily aimed at curbing the flow of black money, fighting corruption, and weeding out fake currency.
The move has brought the focus on the need to discourage circulation of cash in our economy and migrate to digital payments, he said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Feb 07 2017 | 8:28 PM IST

Next Story