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Centre's Vision Alive As Ibrahimpur Goes Cash-Free

Ibrahimpur village in the Siddipet district of Telangana has been declared cash-free, making it the first village in southern India to do so.
Hyderabad | 6th December 2016
Amid the furore and debate over the Centre's demonetization, Ibrahimpur village in the Siddipet district of Telangana has been declared cash-free, making it the first village in southern India to do so.

The people of the hamlet, adopted by State Irrigation Minister T Harish Rao and having population of around 1,200, have been completely equipped with bank accounts, debit cards and swiping machines, the Telangana government said in a press release.

Ibrahimpur was the first village in Southern India to go cash-free, the State government claimed.

Rao, who represents Siddipet in the State Legislative Assembly, observed cash-free transactions in the village and said that the same would be emulated in rest of Telangana as well.

The State government had recently declared that a pilot project would be undertaken to make entire Siddipet wired with electronic transactions.

This development has proven helpful in promoting the Centre's move for a cash-free (or cashless) India.
filed in:  T Harish Rao, Money, Economy, Demonetization, Currency, Electronic Transactions, Telangana
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