CURRENT AFFAIRS

Detailed explanation-1: -The conversation took place in Dhasai, which the Maharashtra government recognised as the state’s first ‘cashless village’ in December last year in line with Prime Minister Narendra Modi’s call for a cashless economy after demonetisation.

Detailed explanation-2: -Dhasai, Maharashtra’s first and only cashless village, no longer lives up to its name. Residents of Dhasai don’t pull out their cards to swipe it on electronic data capture (EDC) machine anymore. Most transactions are now in cash.

Detailed explanation-3: -Dhasai, a quaint village in Murbad taluka located about 100 km to the northeast of Mumbai, embraced a cashless economy on December 1 last year, roughly a month after demonetisation.

Detailed explanation-4: -Akodara village in Sabarkantha district of Gujarat has earned the coveted tag of becoming India’s first digital village. The village with a total population of 1, 191 people and 250 households uses a various cashless system for payments of goods and services.

Detailed explanation-5: -Ibrahimpur hit the headlines as the first village in south India to go fully digital. But Andhra Bank’s decision to charge a monthly fee of Rs 1, 400 for the machines came as a shock for traders in the village.