Training on Cashless Transaction to Neyveli Businessmen

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NLC India Limited cashlessIndianBureaucracy
NLC India Limited cashlessIndianBureaucracy

Businessmen doing various kinds of business at Neyveli Township were given training on Cashless Transaction at Lignite Hall, Neyveli on 11.04.2017, which was inaugurated by Sri Rakesh Kumar, Director (Finance), NLC India Limited.

NLC India Limited, adopted electronic mode of payment, very long back. The payment to employees, Contractors are being made through electronic mode. In order to adopt the cashless transaction on their business, NLC India Limited provided training and explained it’s features in coordination with the State Bank of India at Lignite Hall, Neyveli

In his inaugural address, Shri Rakesh Kumar said, after introduction of Cashless Transaction, Tax and other income received by the Government had significantly, increased. The income thus generated would be utilized for the public welfare activities; so, the end beneficiaries are the common public, he added. Corruption and Bribery would be eliminated, completely, through this endeavour, he said. So, he invited the businessman to adopt this method, in order to have the benefit by entrepreneurs as well as general public.

On this occasion, Mr. Varadarajan, Chief Manager, State Bank of India, Block-2, Neyveli, assured, that all businessmen, who are in the need of Point of Sale Machine would be delivered within two or three days, as much, they require. Besides, he announced that Current Account would be opened on the same day and POS machine would be given at nominal rent.

Mr. Balakrishnan, AGM/IT/State Bank of India, Chennai alongwith his team elucidated the method of Cashless Transaction to the businessman, on this occasion. Also he highlighted that businessman would get incentive, by not depositing the cash on hand to the bank, but hand out them to their customers with their ATM Card; also, one can get incentive, when the same transaction is done thorugh Aadhar Card, also.

Sri N. Muthu, ED/HR/NLCI, Sri M. Karthikeyan, GM/TA/NLCI and Sri Ramkumar, Dy. Manager/IT Section/SBI felicitated on this occasion. Through interaction, the Officials of the State Bank of India, shed light on the doubts made by 200 businessmen(approx.), who run business at Neyveli Township. Some businessmen, registered for purchasing of POS Machine. On this special training programme day, 20 POS machines were sold and good number of Current Accounts were opened.

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