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PM bats for digi currency, says Aadhar-based payments in 2 wks

PTI

New Delhi

In a significant push towards a less-cash economy, Prime Minister Narendra Modi on Friday announced starting a biometric payment system using Aadhar platform within two weeks even as he exhorted citizens to adopt digital currency from the new year.

After card payments and e-wallets, payments through the new system can be made by just a thumb impression after the bank account is linked with Aadhaar gateway, he said at a DigiDhan Mela, an event organised to celebrate the success of digital currency push.

Modi used wit and humour to take swipes at his political opponents for criticising demonetisation saying the drive was aimed at catching the “mouse” that eats away the nation's wealth.

Though he did not name anyone, his comments were directed towards Opposition parties which have been criticising the demonetisation move for yielding minuscule results in unearthing black money.

Scoring a political point, he said a new indigenously developed payment app 'BHIM' has been named after the main architect of Indian constitution, Bhim Rao Ambedkar.

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SP implodes as Akhilesh, Ramgopal get Mulayam stick

The Goan Network
Published Dec 31, 2016, 12:00 AM IST
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SP implodes as Akhilesh, Ramgopal get Mulayam stick

PTI Lucknow The ruling SP was on Friday on the precipice of a split with party supremo Mulayam Singh Yadav expelling his son and Chief Minister Akhilesh Yadav and general secretary Ramgopal Yadav for six years after they put up candidates against the official nominees and summoned a party meet on Sunday. The action, dubbed by a defiant Ramgopal, Mulayam's cousin, as “unconstitutional”, as the party plunged into an unprecedented crisis raising questions over the fate of the…

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