In an effort to proclaim the limited public benefits of demonetization, the Union Human Resource Development (HRD) Minister, Prakash Javadekar, organized a cashless payment drive on Thursday to take effect immediately across all the centrally aided institutions of the nation. These educational institutions have been urged by Human Resource Development Ministry to “go cashless”, as a safe and efficient way to cope with the issues of demonetization, be it for the payment of their fees or any other transactions inside their campus.
Though demonetization might be one of the biggest national controversies of the hour, Prakash Javadekar addressed all Central universities including the IITs, IIMs, NITs, and IIITs, through a video conference held on Thursday, and advised them to not be a mere spectator of the national revolution and to actively participate in India’s efforts to curb corruption in one of the many ways possible on an individual level i.e. by adopting the new system of digital payment.
Along with supporting the VISAKA (Vittiya Saksharta Abhiyan) campaign and adopting the cashless payment system, the Union Minister insisted the respective institutions to conduct many informative drives within places of their reach, to promote the system and also encourage other institutions to adopt this system as well.
All educational institutions have been strictly instructed to set this system in motion immediately in their respective campuses and to receive the fees or deposits, pay wages or salaries only through the digital payment mode.
It was reported to the Indian Express that all the staff and faculties of these institutions have also been urged to adopt this cashless or digital system of payment.