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Sarma: Cashless regime in education from 2017

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  10 Dec 2016 12:00 AM GMT

By our Staff Reporter

GUWAHATI, Dec 9: Leaping a step forward, Assam Fince Minister Himanta Biswa Sarma has said that all schools and colleges in the State are going to ensure cashless transaction from 2017. He has also said that cashless payment will also be a reality in all government hospitals beyond certain limit.

Talking to the press today, the minister said: “Payments in schools and colleges in the State will have to be made either in cheque or through real-time gross settlement systems (RTGS) from next year. Even in all government hospitals, cash will be accepted only up to certain limit that hasn’t been filized as yet. However, beyond that limit, all payments will have to be made either in cheque or through RTGS in such hospitals.” According to Sarma, the shift to cashless regime is almost complete. “All these changes are brought about with the proposed cashless regime – minimal use of hard cash – in mind. Within seven days we’re coming out with a policy as to how the private sector can be brought under the plan of minimal use of cash,” he said.

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