Cashless India

India is currently in the middle of an all out movement to modernize the way things are paid for. New bank accounts are being opened at a heightened rate, e-payment services are seeing rapid growth, cash-on-delivery in e-commerce has crashed, and digitally-focused sectors like the online grocery business have started booming.

As per AICTE guidelines, Cashless India Campaign was organized by Thakur Institute of Management Studies, Career Development & Research (TIMSCDR) in Association with Jhakaas Technologies Pvt. Ltd. on 27th December 2016.

Mr. Bharat Mandot, Director, Jhakaas Technologies Pvt. Ltd. addressed the Students and Faculty members about the Cashless India and its advantages. Mr. Jeetendra Sanjeeva, from Jhakaas Technologies addressed students about Cashless India Awareness Campaign and its objectives.

More than 200 students, 20 faculty members and most of the staff members from TIMSCDR participated in the event. All the students from TIMSCDR, interacted with the merchants from Thakur Village, Kandivali (E), Mumbai. A survey of about approximately 200 merchants was done. Students also interacted with the Customers and surveyed approximately 600 customers from Kandivali (E) region and made them aware about Cashless India and its benefits

It was found in the campaign that even the vegetable vendors on the streets, grocery shop owners have started using e-wallets and m-wallets.