Telangana state has succeeded in pushing digital economy into rural areas by making a record number of 63 villages’ complete digital, where no cash transactions are seen. These villages are spread over seven districts.
Now, the government is confident that by month-end 100 more villages would be upgraded as digital villages. The Chief Minister K Chandrasekhar Rao has put an ambitious target of bringing all habitations in the state under digital transactions by the end of this year, so that to make the first state fully digital in the country.
Among 63 villages achieved this tremendous task, 40 villages are in Sangareddy district, followed by Nizamabad – 13, Siddipet – 5, Nalgonda – 2 and one each in Adilabad, Jangaon and Bhadari-Kothagudem. In these villages all the households in 63 villages have been provided bank accounts.
Grocery shops and other vendors are now equipped with POS ( Point Of Sale) PayTM and AEPS ( Aadhar Enabled Payment System) to transact the regular business including selling of milk, vegetables and government payments through digital transactions.
As per the guidelines set by the Union government, villages should meet two parameters to achieve the e- cash status, one being opening bank accounts for all people dwelling in the villages and providing necessary logistic support to vendors to implement cashless transactions.
Besides, Chief Minister Chandrasekhar Rao announced Siddipet as cashless assembly constituency and implemented digital transactions on pilot basis, government adopted some more villages in six districts where the e-cash system has been enforced in coordination with the banks and other financial institutions involved in the giant task.