Union Government inaugurates training of Small & Medium Traders

Union Government inaugurates training of Small & Medium Traders on Digital Payment Initiatives The Union Minister of Electronics and Information Technology Ravi Shankar Prasad on 4 March 2017 inaugurated training of self organized small & medium traders on digital payment initiatives.  lOn the occasion, the Minister appealed to the business community to turn digital transaction into a national movement.
*Highlights of the Project of Training of Small & Medium Traders
• The project is entrusted to the National Institute of Electronics and Information Technology (NIELIT) by the Ministry of Electronics & Information Technology.
• Its objective is to usher transparency in the system along with reducing corruption with evolved participation of all sections of the society.
• It aims to understand and adopt simplified digital payment mechanisms like UPI, USSD, BBPS, AEPS etc. in a convenient manner.
• It will contribute towards establishing digital economy and convey the benefits of digital payments to traders through capacity building programs.
• Around 13500 small and medium unorganized, self organized businesses and traders are targeted through this training project.
• The Confederation of All India Traders (CAIT) will mobilize the traders and trade union leaders for training on digital payment initiatives.
• NIELIT will organize 5 Regional Workshops at Delhi, Jaipur, Kolkata, Mumbai, Chennai and 30 State Workshops and 100 DigiDhan Camps all over India. Comment Capacity building of SMEs and traders on digital payment by NIELIT will take forward the Union Government’s efforts for creation of a digitally vibrant society in line with the Digital India’ mission. NIELIT through its PAN India centres, accredited training partners and facilitation centres has already been making efforts in promotion of digital payment initiatives. At NIELIT, use of cash as a means for making payment to vendors and suppliers was discontinued in 2014 itself