UGC has asked all universities and colleges across the country to launch a month-long campaign to create awareness about cashless transactions with the government focusing on making India a digital economy. In a letter to varsities, the University Grants Commission (UGC) said a month-long campaign from December 12 “can be run to educate and train students in various modes of digital payments“.

• According to the UGC, an important component of this campaign is to ensure that every campus becomes completely cashless by adopting digital payment systems in all its receipts, payments and transactions within the campus.
• Participation in the campaign by the youth in the higher educational institutions is highly relevant because they would be the main beneficiaries of a digital economy — free of corruption, black money, completely transparent and just.
• It is therefore essential that the heads of all institutions educate and train their students in the various modes of digital payments and encourage them to join as volunteers in large numbers for this campaign.
• An important component of this campaign is to ensure that every campus becomes completely cashless by adopting digital payment systems in all its receipts, payments and transactions within the campus.
• The NSS and NCC units in your institution may be asked to meet immediately and identify one nearby market or mandi to transform it into a digital market place, where all shops, establishments etc are enabled with digital payment system.