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Lanura beats cash crunch, becomes first village to go cashless in J&K

Beating the cash crunch going on in our country post demonetisation, a village in central Kashmir's Budgam district has become the first in the state to go 'cashless'. Lanura village, about 30 kms from

India TV Business Desk Srinagar Published : Dec 18, 2016 20:26 IST, Updated : Dec 18, 2016 20:26 IST
Cashless, ,Jammu and Kashmir, Cash Crunch, Village
Image Source : PTI Lanura beats cash crunch, becomes first village to go cashless in J&K

Beating the cash crunch going on in our country post demonetisation, a village in central Kashmir's Budgam district has become the first in the state to go 'cashless'. 

Lanura village, about 30 kms from the summer capital, has become the first village in Jammu and Kashmir to go cashless, an official spokesman said today.

He said at least one member of each household in the village has been trained to use Electronic Payment System (EPS). 

So far, 150 persons have been provided training to use EPS at Lanura which falls in Panchayat Bugroo-B in block Khansahab of the district. 

The spokesman said the feat has become possible through rigorous efforts by CSC e-Governance Services India Limited and National Informatics Centre (NIC) under the objective of Digital Financial Inclusion. 

The government has been pushing for digital transactions with Prime Minister Narendra Modi appealing people to move to a cashless economy.

(With inputs from PTI)

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