AGARTALA, Dec 22 (TIWN): Not only in CNG, Petrol pumps and shopping malls, but the cashless transaction will be possible in health centres too. From January month, 2017 in IGM and GB Hospital anybody can make cashless transaction, the Chief Secretary of Tripura Y P Singh declared on Thursday. However, along with cashless transaction, the cash-transaction will be available, said Singh. But double remains about the smooth service of the cash-less transaction system as ‘non-functional’ transaction machine issue most probably to raise. Demands are there that cashless transaction should be in every govt hospitals as fooling the people in most of the rural areas selling of govt medicines which come for patients are heard.

However, with the Modi Govt’s initiative atleast people can raise question for transaction only by Debit cards. Apart from Hospital, already few CNG Stations are giving chance for the cashless transaction, which will be launched in petrol pumps also.

Now question arises how cashless transactions will diminish the corruption in the state.

There are various types of corruption: 1. Bribe, 2. Counterfeit Currency, 3. And other type of corruptions

1.     In India on road bribe in one year is about 2,200,000 million INR. It is the small part of corruption. There are many type of laws to reduce it. But government and system fails to stop it. There are many places of bribe, police station is on the top of them. 

2.     Corruption is only possible due to low class banking system and cash economy. In India 98% of corruption exist only for due to cash system, says a data. This is the main advantage of cash that cash is not traceable. Cash also is not accountable. Cash cannot controlled by government. Cash can used easily in everywhere of country.

3.     E-transactions are safe, low time consuming and transparent. Government can easily trace overflow of money like corruption money or black money in someone's account. Government easily find out to the black money.

A source said that in coming days, all transactions above a certain amount cannot be made in cash. Instead, they must be made using debit cards, credit cards, checks, or bank transfers. This means that any large transaction can be traced. Further, large cash withdrawals or deposits should be disallowed. This means that one cannot draw large amounts of cash to make a dodgy transaction. 

It is estimated that around 50% of Indians didn’t not even have bank accounts, and with Modi’s initiative all will come under bank-service atleast people will bound to learn banking.

Although CM Manik Sarkar said, he can not be in the central committee for cashless transaction, but his own state will see a revolution in cashless transaction and hopefully corruption to be reduced a lot.