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Birender Singh stresses on importance of Digital Economy

Visakhapatnam: Union Minister for Steel Chaudhary Birender Singh has highlighted the importance of digital economy in eradication of corruption and enhance transparency. Inaugurating a symposium on “Digital Economy for New India” organized by VSP in Ukkunagaram on Sunday, he said that digital transactions would hasten the pace of development in the country.

“Unless we take appropriate steps for the layman to understand the operations of digital transactions, the advantages of the cashless economy will not be able to reach the goal of the digital economy in the country,” he observed.

The Steel Minister distributed away PoS machines on the occasion to several vendors. He also went round the exhibition stalls put up by several banks highlighting the digital economy for enabling cashless transaction among the general public. Chairman-cum-Managing Director of RINL, P Madhusudan, Information Technology Advisor to the Govt of Andhra Pradesh JA Chowdary,Additional Secretary & Financial Advisor Saraswati Prasad, Joint Secretary, Ministry of Steel Srinivas and others were present. Representatives of various banks participated in the symposium.

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