In an attempt to make the country a cashless economy, Prime Minister Narendra Modi has said that digital payments will help to check black money and play a crucial role in fighting graft. He also said that people, especially the youth, should become ambassadors of digital payment schemes rolled out by the government.
Observing people slowly shedding their hard currency mindset and moving towards digital currency, Narendra Modi said that the youth are leading the way, using their mobile phones as the new tool to make and receive payments. He also emphasized the need for more scientists to harness technology for the benefit of the common man, while hailing the scientific community for the record launch of 104 satellites and the successful test-firing of a new missile.
Modi said that in the last two months, 10 lakh people have been rewarded, over 50,000 traders have won prizes and an amount of over Rs 150 crore has been earned as prize money by people who have promoted and carried forward the digital payment campaign.