UGC to create awareness about cashless transactions among students

The University Grants Commission (UGC) has launched a month-long awareness campaign to create awareness about cashless and digital transactions among students and shopkeepers from December 12.

UGC to create awareness about cashless transactions among students

The University Grants Commission (UGC) has launched a month-long awareness campaign to create awareness about cashless and digital transactions among students and shopkeepers from December 12.

The UGC has asked the 600-odd universities which come under it, and it's affiliated institutions  to rope in volunteers associated with the National Service Scheme (NSS) and National Cadet Corps (NCC) for the initiative.



The volunteers will adopt one market outside campus and help shop owners make the transition to digital transactions. A similar campaign will be rolled out in IITs, NITs and other state-funded institutes, reported Hindustan Times.

“Participation in the campaign by youths studying in higher educational institutions is relevant because they would be the main beneficiaries of a digital economy that is free of corruption, black money and is completely transparent and just,” UGC secretary Jaspal Sandhu said in a letter.


In a letter to the universities, the UGC has added that the aim is to educate and train students on various modes of digital payments. The key aspect of this campaign it said is to ensure that every campus becomes completely cashless for receipts, payments and transactions.


The UGC has also asked universities to resort to cashless means like bank transfers, cheques and credit/debit cards while making use of periodic funds from the statutory body, reported Times of India.

UGC has proposed that they may make use of the current system of demand drafts only on rare occasions. The commission said the move was in order to bring in accountability, transparency and seamlessness in the process of transfer of grants.