Andhra Pradesh Chief Minister YS Jagan Mohan Reddy launched the digital payment services through Unified Payments Interface (UPI) in 15, 004 village and ward secretariats through video conference.
i.The Government of Andhra Pradesh has entered into a tie-up with National Payment Corporation of India (NPCI) and Canara Bank for this digitalisation process.
ii.The facility was launched in the presence of Minister for Panchayat Raj and Rural Development, Peddireddy Ramachandra Reddy Canara Bank Managing Director & Chief Executive Officer, LV Prabhakar and NCPI Chief Executive Officer Dilip Asbe.
Key Points:
i.The Scheme has been launched to ensure easy, safe and speed transactions in the rural areas.
ii.Around 545 types of services will be available for payment under this digitalisation process.
iii.To ensure the delivery of welfare schemes straight to the beneficiaries, One Volunteer is to be assigned for every 50 families and One Secretariat to be set up for every village or village having a population of 2, 000.
Recent Related News:
i.On 17th July 2020, The State Government of Andhra Pradesh(AP) announced the Andhra Pradesh Renewable Energy Export Policy 2020, which permits the sale of power to the other states of India.
ii.On May 18, 2020 Canara Bank has launched a special business vertical dedicated for gold loans to meet the financial needs of its customers to meet their emergency needs due to the COVID-19 pandemic.
About Andhra Pradesh:
Capital – Amaravathi
Chief Minister – Y. S. Jaganmohan Reddy
Governor – Biswabhusan Harichandan.
