A National Convention of Student Volunteers under Digital Financial Literacy Campaign by Ministry of Human Resource Development began here on…
Prakash Javadekar (Photo: Twitter)
A National Convention of Student Volunteers under Digital Financial Literacy Campaign by Ministry of Human Resource Development began here on Wednesday.
Union Human Resource Development Minister Prakash Javadekar called upon the student volunteers for the widespread dissemination of the ideas of the Prime Minister on digital economy so that the resources of the nation could be utilised in a transparent manner.
The minister congratulated the volunteers for their efforts and said going digital is the need of the hour as in comparison to developed countries where 4 per cent component of the GDP is in currency, India has 12 per cent component of currency in its GDP and hence needs to change to digital mode. He said going digital will help boost economic stability with definite availability of funds for the welfare of masses at large, especially the poor and needy population.
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It will also result in net tax collection and resources. Today there are 77 crore debit cards available for digital transactions, he said, adding that awareness should be generated across the country.
Javadekar said so far nearly 4.3 lakh volunteers have been registered who have started educating masses across the country and have covered 20 lakh households. The minister asked the volunteers to work during the post examination holidays for publicity of the scheme. He said the Prime Minister has set a target of 2500 crore digital transaction in 2017 and this is 100 per cent achievable.
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