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    Cashless India

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    Mohammed Anas Shaikh
    Mohammed Anas Shaikh gives a speech on cashless transactions in India for class XII A2. He explains that cashless transactions have made purchases and payments very simple and efficient through methods like debit/credit cards and mobile payments. However, making India fully cashless requires widespread internet and mobile connectivity throughout the country, especially in remote areas. A cashless economy is a goal of India's Digital India program, and digital payment methods like mobile wallets, UPI, and internet banking are gaining popularity and provide hope that India will become largely cashless in the future.

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    Cashless India

    Uploaded by

    Mohammed Anas Shaikh
    210 views2 pages
    Mohammed Anas Shaikh gives a speech on cashless transactions in India for class XII A2. He explains that cashless transactions have made purchases and payments very simple and efficient through methods like debit/credit cards and mobile payments. However, making India fully cashless requires widespread internet and mobile connectivity throughout the country, especially in remote areas. A cashless economy is a goal of India's Digital India program, and digital payment methods like mobile wallets, UPI, and internet banking are gaining popularity and provide hope that India will become largely cashless in the future.

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    Mohammed Anas Shaikh gives a speech on cashless transactions in India for class XII A2. He explains that cashless transactions have made purchases and payments very simple and efficient through methods like debit/credit cards and mobile payments. However, making India fully cashless requires widespread internet and mobile connectivity throughout the country, especially in remote areas. A cashless economy is a goal of India's Digital India program, and digital payment methods like mobile wallets, UPI, and internet banking are gaining popularity and provide hope that India will become largely cashless in the future.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    210 views2 pages

    Cashless India

    Uploaded by

    Mohammed Anas Shaikh
    Mohammed Anas Shaikh gives a speech on cashless transactions in India for class XII A2. He explains that cashless transactions have made purchases and payments very simple and efficient through methods like debit/credit cards and mobile payments. However, making India fully cashless requires widespread internet and mobile connectivity throughout the country, especially in remote areas. A cashless economy is a goal of India's Digital India program, and digital payment methods like mobile wallets, UPI, and internet banking are gaining popularity and provide hope that India will become largely cashless in the future.

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    You are on page 1of 2

    For 2min

    Good morning to everyone present here. My name is mohammed anas shaikh of class
    XII A2 and I am going to present a speech on Cashless India. Have you ever
    wondered how with one swipe of a card, the product is yours? One-click on the
    phone and the payment is done. This is the power of cashless transactions. It has
    made our lives very simple and efficient, along with making a new path for many new
    opportunities. Cashless transactions have helped people to keep all their cash in the
    bank and thus the liquidity in the banking system has increased. 

    Though it is a great idea for a cashless India, there are many requirements to make it
    happen all over the country. Availability and spread of internet connections to all
    parts of India, including the remote areas are vital and a necessity for this to happen.
    There needs to be widespread mobile connectivity throughout India so that it is
    easier for the public to perform activities such as government service, banking, and
    other financial transactions using apps.

    A part of the Digital India program, the concept of a cashless economy in India is
    concentrated around the need to transform the country into a society, which is
    digitally empowered and enabled by several modes of cashless transactions. Digital
    modes like credit/debit cards, mobile wallets, banks prepaid cards, UPI, AEPS, USSD,
    Internet banking, etc have gained value in India and  gives hope that India will be a
    cashless country in the near future. Thank you everyone.

    For 5 min

    Good morning to one and all present here. My name is XYZ and today my ASL speech
    topic is Cashless India. The concept of having cashless transactions comes under the
    Digitalization of India. Digitalization is possible only with the coming of newer
    technology and access in the country. Going cashless is based entirely on
    technological advancements which are carried out in the whole world. Bitcoin, for
    example, did not hold any value till a few years back. The use of smartphones has
    made transactions so much easier than before. Transactions can be completed in
    seconds. The advancing technology helps the customers to ensure that their money is
    at a safe place and there are more cashless options to help our nation move towards
    digitalization.

    You might be thinking why is it important to go cashless in this economy. Cashless


    transactions are made online, which makes it easier to monitor all the transactions.
    This will help to keep a check on the flow of black money. Not just that, the crowds
    at banks will be reduced to a large extent if the transactions are carried online. Going
    cashless is a great step towards efficient usage of paper, thus ensuring eco-friendly
    technology.To go digital, we need more workforce in the technology sector. Thus,
    there needs to be correct training of engineering students to help India compete in
    this competitive world. New methods for safer transactions like using applications for
    biometric, etc. are required as well. 

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