Cashless payments failed to make strong impact in educational sector
Though, the central government under the leadership of Mr. Modi taking various innovative steps to promote e-payments among the citizens of India, but on witnessing the reports released from the officials of the Ministry of Human Resource Development (HRD) doesn’t look good despite the effort carried by the central government on implementing cashless payments in educational institutions.
Ministry’s Proactive involvement
- As per the guidelines of the ministry, the volunteer program was initiated in educational sectors and around 3.7 Lakh people willingly participated but the ministry’s expectation was about 25 Lakh willing people.
- In spite of government’s suggestion of implementing cashless system in around 38 thousand educational campuses all around the nation, only 2.2k educational sectors are completely cashless so far.
- In the end 2016, the government had introduced Vittiya Saksharta Abhiyan (VISAKA) by which the students from different institutions gathered together for promoting the digital payments among the common people. Under this program around 3, 73,000 students make themselves available for the promotional activities.
- In order to introduce cashless system in the educational sectors the government has requested the NCERT and CBSE to go cashless completely and also guided them to follow the same principle for the institutes which are affiliated to those educational bodies.
Students are the future of the nation. The PM asked the youth to teach people about digital payments and he called for volunteers to take part in VISAKA scheme; however it gained much lower response. The sad thing is that students from institutes of national importance have responded very less compared to other institutions.
The Government has instructed all the educational institutions including schools, universities and colleges to move towards cashless transactions. NCERT and CBSE are advised to go completely cashless. However, shockingly only five percent of the institutions have switched to cashless transactions completely. If they implement completely, it will increase the transparency as well as people working in private/ affiliated institutions will get the salary mentioned in the registers.
Failure reason and corrective measures
- Many institutions have stated lack of technology reach as the major reason for inability to implement. But this can be overcome in a decade by providing proper infrastructure to every department.
- Educating people about various transaction schemes like UPI, e-wallets, ADESP, USSD must be done on a large scale. Fake apps should be removed and care should be given to improve the security of the transactions. Government should take necessary steps to make cashless payments compulsorily in educational fields too. At the same time, punishments should be levied on educational institutions which fail to adhere to the cashless rules.