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Digital payments up nearly 23 times since the November 8 Demonetisation: Government

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Digital Transaction. Pixabay

New Delhi, April 13, 2017: There has been nearly 23-fold increase in the number of digital payments since the November 8 demonetisation, the government said on Thursday.

The transactions using various digital payment modes went up to 63.80 lakh with a total transaction value of Rs 2,425 crore till March this year, as against 2,80,000 transactions and Rs 101 crore till November 2016, a NITI Aayog statement said.

The number of Aadhaar-enabled payments also increased from 2.5 crore in November 2016 to over five crore in March 2017.

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“BHIM App has already created a new world record by registering 1.9 crore downloads in just four months since its launch in December,” it said.

Following the demonetisation of Rs 500 and Rs 1,000 notes on November 8, 2016, the government had launched DigiDhan Melas led by the National Institution for Transforming India Aayog in 100 cities to promote digital payments.

“At least 15,000 institutions have gone cashless across these 100 cities in 27 states and seven Union Territories.

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“With a turnout of over 15 lakh from cities, small towns and villages, the melas have enabled lakhs to open new bank accounts as well as create new Aadhaar cards,” the statement said.

Modi had in December 2016 launched BHIM (Bharat Interface for Money) app, an Aadhaar-based mobile payment application to promote and make digital transactions easier. (IANS)

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Spain Takes a Step Forward to Combat Climate Change

Spain Declares Climate Emergency, Gets Climate Plan Ready

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Climate Change
People march during a worldwide protest demanding action on climate change in Barcelona, Spain. VOA

Spain’s new government declared a national climate emergency on Tuesday, taking a formal first step toward enacting ambitious measures to fight climate change.

The declaration approved by the Cabinet says the left-of-center Socialist government will send to parliament within 100 days its proposed climate legislation. The targets coincide with those of the European Union, including a reduction of net carbon emissions to zero by 2050.

Spain’s coalition government wants up to 95% of the Mediterranean country’s electricity to come from renewable sources by 2040. The plan also foresees eliminating pollution by buses and trucks and making farming carbon neutral.

Climate Change
Young environmentalists demonstrate to demand measures against climate change. VOA

Details of the plan are to be made public when the proposed legislation is sent to parliament for approval.

More than two dozen countries and scores of local and regional authorities have declared a climate emergency in recent years.

Scientists say the decade that just ended was by far the hottest ever measured on Earth, capped off by the second-warmest year on record.

Also Read- Music Streaming Giant Spotify Works On New Feature To Share Story Alongside Public Playlists

Also Tuesday, young climate activists including Greta Thunberg told the elites gathered at the World Economic Forum in Switzerland they are not doing enough to deal with the climate emergency and warned them that time was running out. (VOA)