Learn demonetization from Akodara, India’s first digital village
Advertisement
Advertisement
Quite a lot of people across the country are struggling to withdraw money and exchange Rs. 500 and Rs. 1000 notes from banks after the demonetization, but this one village in
ALSO READ: 10 Latest developments in the demonetization matter to look out for
Going cashless is not a big deal for Akodara, India’s first digital village where 220 families have e-banking facility. And residents use it for buying milk and vegetables to bread and eggs. Their phones are linked to their bank accounts and they make instant transactions using the village WiFi smoothly.
Located about 90 km from Ahmedabad, in
Advertisement
The villagers have their accounts linked to their Aadhar cards,so government benefits are also transferred directly into their savings accounts.
Now, only if our cities had been converted just as easily, before this announcement was made.
Advertisement
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- 10 Best things to do in India for tourists
- 19,000 school job losers likely to be eligible recruits: Bengal SSC
- Groww receives SEBI approval to launch Nifty non-cyclical consumer index fund
- Retired director of MNC loses ₹25 crore to cyber fraudsters who posed as cops, CBI officers
- Hyundai plans to scale up production capacity, introduce more EVs in India