Centre Forms Panel To Look Into Digital Transactions


New Delhi: With an aim to weed out black money and corruption from public life, the Centre on Friday said it has constituted a committee to look into digital payments for all government-citizen transactions.

The Committee of Officers, under the leadership of NITI Aayog CEO Amitabh Kant, will identify and operationalise in the earliest possible timeframe user-friendly digital payment options in all sectors of the economy, an official statement said.

This is integral part of the government’s strategy to transform India into a cashless economy, it added.

The statement said aim of the committee is to identify various digital payment systems appropriate to different sectors of the economy and coordinate efforts to make them accessible and user-friendly.

The committee will also identify infrastructural bottlenecks affecting the access and utility of digital payment options. According to the statement, it will engage regularly with central ministries, regulators, state governments, district administration, local bodies, trade and industry associations.

Besides, the committee will also attempt to estimate costs involved in various digital payments options and oversee implementation of measures to make such transactions between government and citizens cheaper than cash transaction.