Cash transactions in Public Distribution System (PDS) would take place through bank transfers from April 1, 2016. The ration card holders could purchase groceries by swiping their debit cards at the shop.
“This apart, the ration shop dealers, instead of making payment through demand drafts should use online funds transfer facility, to cut down time,” a district collector said. He had a discussion at length on the modalities for the cashless transactions in PDS with representatives from Andhra Bank, Deloitte, IDFC, NIC, NPCI, UIDAI and Visiontec, along with his team.
He also said that they had successfully implemented inter-operability benefitting 10 lakh beneficiaries.
“Government wants to make the system of cashless transaction for more transparency in Public Distribution System,” he said.
He also reminded that Krishna district had set an example for the country in implementation of ePOS in PDS and disbursement of social welfare pensions.
He said that a fraction of amount is lost during the cash payment, which will not be there in the online transaction.