Seventy five per cent work of recalibrating ATMs in Goa following the demonetisation move has been completed so far, the Economic Survey 2016-17 tabled in the state Legislative Assembly today said.
Seventy five per cent work of recalibrating ATMs in Goa following the demonetisation move has been completed so far, the Economic Survey 2016-17 tabled in the state Legislative Assembly today said.
"The ATM recalibration work is completed to the extent of 75 per cent (in the State)," the survey said.
The survey also lauded the banks for their "efficient handling" of the situation during the note ban period.
"The post-demonetisation situation was handled by all the banks in Goa very efficiently, though the supply of currency was not adequate," it said.
The report also hailed the Goa government's decision to go cashless, for which the banks have already begun the groundwork.
"The government of Goa was announced to be the first state in India to go cashless by December 2016. Banks have already commenced a survey across Goa to map the number of vendors present in the state," the survey stated.
"Vendors carrying out financial transactions will be brought under the e-payment mode. The state government has also initiated a consumer education drive in collaboration with all the banks in Goa," it said.
"The state government has already asked all departments to identify cash collection points within the government so that cash transaction can be prepared for e-payments," the report said.
According to it, post demonetisation, special attention is being paid to cashless transactions and emphasis mainly on JAM trinity (Jan Dhan, Aadhaar, Mobile) to reach the unbanked.
"The state government has suggested focused approach on opening bank accounts of unorganised labourers and unbanked rural population, government departments to provide list through labour commissioners to the banks to ensure that salaries or wages are paid through bank accounts only," the report added.
In another move towards cashless banking, the government has adopted the strategy to encourage extensive use of point of sale machines, e-wallets and besides other, it said.
(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)
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