While approving the inter-operable system for the entire country, Urban Development minister M Venkaiah Naidu has directed the Ministry officials to ensure time-bound and coordinated progress in this regard by various agencies to ensure early introduction of smart mobility cards.
Naidu has also sought coordination with the states for this initiative so that appropriate action for integration of other systems with the new smart card can be taken, according to a senior UD Ministry official.
The committee had representatives of National Informatics Centre (NIC), Centre for Development of Advance Computing (C-DAC), Bureau of Indian Standards (BIS), National Payment Corporation of India (NCPI) and the Ministry of Finance.
After extensive study of various models being followed across the world, the committee has recommended the EMV Open Loop Card with stored value-based model and the same was approved by Naidu, the official said.