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Committee of Chief Ministers submit report, suggest measures for digital integration

By TIOL News Service

NEW DELHI, APR 12, 2017: THE Committee of Chief Ministers, constituted to suggest measures for integration of all sections of population with the digital payment mode, submitted its interim report to Prime Minister on January 24, 2017. The committee made recommendations on (i) Setting up of target and monitoring mechanism; (ii) Expanding technical infrastructure for digital payments; (iii) Increasing supply of acceptance infrastructure; (iv) Necessary institutional, policy, regulatory changes to ease adoption of digital payment; (v) Incentivize digital transactions; (vi) Strengthening security in digital payments and (vii) Targeting specific segments for quick results.

This was information was given by Mr Arjun Ram Meghwal, Minister of State in the Ministry of Finance, in written reply to a question in Rajya Sabha yesterday.

Pursuant to the Government initiative to promote digital payments, NITI Aayog vide order dated November 30, 2016 constituted a Committee of Chief Ministers with Mr Chandra Babu Naidu, Chief Minister of Andhra Pradesh as the Convener for suggesting measures to seamlessly enable all sections of the population to migrate to the digital mode of payment as well as to recommend measures that would enable India to leapfrog into the advanced digital payment systems that compares with the best global standards.

The Committee is composed of the following members:

1. Mr Chandrababu Naidu, Chief Minister of Andhra Pradesh - Convener

2. Mr Naveen Patnaik, Chief Minister of Odisha - Member

3. Mr Shivraj Singh Chouhan, Chief Minister of Madhya Pradesh – Member

4. Mr Pawan Kumar Chamling, Chief Minister of Sikkim - Member

5. Mr V. Narayanasamy, Chief Minister of Puducherry – Member

6. Mr Devendra Fadnavis, Chief Minister of Maharashtra - Member

7. Mr Arvind Panagariya, Vice- Chairman, NITI Aayog - Member

8. Mr Amitabh Kant, CEO, NITI Aayog - Member Secretary

9. Mr Nandan Nilekani, former Chairman, UIDAI - Special invitee

10. Mr Janmejaya Sinha, Chairman, Boston Consulting Group - Special invitee

11. Mr Rajesh Jain, Managing Director, netCORE - Special invitee

12. Mr Sharad Sharma, Co-founder, iSPIRIT - Special invitee

13. Dr. Jayant Varma, Professor (Finance), IIM (Ahmedabad) - Special invitee

The Report of the Committee is available on the website address http://niti.gov.in/content/interim-report-committee-cms-digital-payments.

 

 

 


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