India is slowly but steadily progressing towards becoming a cashless economy. Steps are being taken in this regard and seems like it has started showing results with many kirana stores and businesses going cashless. And, the recent example of it is a small village in Karnataka which has become completely cashless.
Vondaraguppe village is 60km on the Bengaluru-Mysuru highway and is also the first cashless village in Ramanagara district. The village is a sericulture hub and about 90% families in the village sell silk. The 350 families of Vondaraguppe village have moved away from cash transactions and run their business only by cheque. However, achieving this feat was not easy. Convincing the villagers to open a bank account was quite a task.
As per a report in the Times of India, Deputy commissioner of Ramanagara, BR Mamatha Gowda, said “We had to conduct workshops to tell them why it’s necessary for them to transact through banks. We demonstrated how to use RuPay. The women in the village played a huge role in making this happen. They held awareness programmes and brought in confidence among all”.
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74-year-old Srinivasaiah, also a silk seller has not seen a bank from inside in his entire life time but bow not only he has an account but also has an ATM. He said he visit a bank whenever he is in need of cash and doesn’t sell his produce in cash as he only takes cheque.
Another silk seller, Venkatappa S sells around 100kg of silk every month. Earlier, he would carry his produce to the silk auction market and sell it. He used to fell cheated after selling his produce but now things have changed for good. “Today, the transactions are through cheque. So everyone is aware of how much is exchanged between the merchants and the growers,” said Venkatappa S .
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