Haryana Chief Minister Manohar lal has said that in this era of economic revolution, India Post Payments (IPP) Bank would prove to be effective in furthering the cashless transactions under Prime Minister Narendra Modi's Digital India.
With the start of IPP bank in 20 main post offices and 80 sub- post offices of haryana, it is the beginning of an era of banking sector utilizing technology, he said.
Manohar lal said that it is the transformation of new thinking of Prime Minister’s digital banking.
The Chief Minister was addressing at the main post office of Yamunanagar on the occasion of the inauguration of the India Post Payment Bank altogether in 650 post offices and over 2500 sub- post offices in the country from the Taalkatora Stadium in New Delhi.
He said that there are 6 lakh villages in the entire country and from today around 50000 banking branches would be linked to the 2.5 lakh post office banking services.
With cashless transaction, no one would be able to hide theft and it would increase the Government revenue which would be spent on the development projects for the benefit of the poor people, he said.
Manohar lal further said that earlier also Prime Minister had taken revolutionary decisions like demonetization and GST. Today Gross Domestic Product has reached 8.2 per cent which shows improvement in country’s economy. It would not only bring transparency but also benefit small shopkeepers, poor people for social security pension and wages under MNREGA, , loan and insurance benefits for self-employed through India Post Payments Bank, he said.
The Chief Minister also appreciated the main lines “Aapka Bank Aapke Ghar” of India Post Payment Bank and said that with this, the post office would surely multiply the banking services three times by taking it to the far off places.
People used to say “Dakiya Daak laaya” but now they will say “Daakiya Bank laaya”. With the use of information technology, the present government has caught more than 1.5 lakh fake beneficiaries of social security pension in the last four years and ceased their pensions and also added about 5.5 lakh new eligible persons under this scheme, he said.
The Chief Minister also opened his account in the India Post Payments Bank and also received “Mera Ticket Mera Garv” from the department.
He also released the special ticket of India Post Payments Bank.