Maharashtra govt readying Maha wallet to encourage cashless transactions

To mitigate the impact of demonetisation on the masses, the Maharashtra government is working on a 'Maha wallet' to encourage cashless transactions.

"I have told the Information Technology (IT) department to prepare a report (based on the proposal) in this regard and submit it to me in a fortnight," Finance Minister Sudhir Mungantiwar told PTI.

"Maha wallet will be a secure e-service where the citizens' money would be secure. We are working on a system where needs of each of the 11.97 crore population of the state are being considered," the Minister said.

The IT department proposal will consider various facets like the needs of people who are well versed in net banking and those who are not, smartphone or feature phone users, and those without a mobile, besides the technologically challenged.

Meanwhile, the minister tweeted on December 1 as saying, "Working on Hon' Shri. @narendramodi ji's dream, will make all efforts to create Maharashtra the first cashless State of the country."

"Swiped my debit card to purchase the famous 'Murbad Rice' in Dhasai village today 'India's first cashless village'. #DreamMaharashtra," he tweeted.