Agriculture ministry takes steps to promote cashless transactions

Awards to be given to the research institutes, krishi vighyan kendras and universities for cashless transactions under specific time limits


New Delhi: The ministry of agriculture and farmers welfare has taken several decisions to promote cashless transactions in the entire country. It was decided in the meeting of higher officers of Department of Agriculture Research and Indian Council for Agricultural Research (ICAR) in  the ministry that awards will be given to the institutes, krishi vighyan kendras and universities for cashless transactions under specific time limits.

Ministry has decided that award of Rs 5 lakh meant for ICAR and a sum of Rs 1 lakh to KVK will be given for achieving 100 percent cashless in a week. Similarly, ICAR will be bestowed upon Rs 3 lakh and KVK Rs 50,000 in the form of incentives on achieving 100 percent cashless within two weeks and similarly for cashless within a span of 3 weeks, ICAR will be awarded Rs 2 lakh and KVK Rs 25,000 as prize.