Context :
Pan-India BEST card to roll out on Monday / TIO / 23 April
2022
Extract :
Ø The
card will be valid for ANY TRAVEL or PURCHASES , pan –India and not just in the
city’s red uses
Ø One
can also purchase GROCERIES, buy from a RETAIL SHOWROOM , use it as a DEBIT
CARD , across the country
Ø The
card will have RuPay, which is valid at most NCMC-compliant establishments
across the country
Ø One
can top it up ONLINE or with our Bus Conductor and this will be part of One Card
One Nation
Ø The
bus undertaking has already made its system NCMC-compliant in March and this
means that anybody having a Common Mobility Card issued from ANY bank across
the country can use it in BEST buses
Ø After
purchasing the NCMC card from BEST , commuters will soon be able to purchase
Bus Passes, with 72 different options,
through the same card
Ø It
will have the “ Tap In “ and “ Tap Out “ facility in the 100 % digital buses
which were introduced by environment Minister, Aditya Thackeray, early this
week
MY
TAKE :
Digital
Bus of Mumbai …………………………[ 19 April 2022 ]
Ø Public transport
as a solution ? ……………[ 15 Feb 2016 ]
Ø No long queues
with Chalo ? …………………[ 21 Dec 2021 ]
Ø POLLUTION
SOLUTION , aka " PollSolv " ……….[ 30 Dec 2015 ]
Ø When BHIM is here, can ARJUN be far away ? / 30 Dec 2016
Ø BHIM : the Unstoppable / 14 April 2017
Extract
:
Dec 2017 : BHIM V 6.0
Feature
:
To
subsume in itself , all Automatic Payment Apps
Read Email :
A
Matter of Time ( 03 Jan 2017 )
April
2018 : BHIM V 7.0
Feature
:
Integrating
all Private Mobile Wallets into BHIM to create UTI ( Unified
Transaction Interface ) , leading to ,
UPI
+ UTI = " Less Cash " + " Less Evasion " + " Less Black "
Read Email :
From UPI to
UTI ( 07 Dec 2016 )
Extract :
Ø In our goal to make India , a LESS CASH economy
, UPI / AEPS ( Aadhar Enabled Payment System ), was an
important FIRST step
Ø But UPI / AEPS ,
just does NOT cover
those sale / purchase transactions which take place using Credit / Debit cards and
private brand Mobile Wallets !
Ø To ensure that these transactions too get into the
database of the Income Tax department , I suggest following :
STEP # 2
Ø All other PRIVATE brand Mobile Wallets ( Paytm / MobiQuick / ItzCash / FreeCharge
etc ), must be integrated with UPI, so that the sale / purchase TRANSACTION DATA generated
through use of such private mobile wallets too gets integrated into the COMMON database of the Income Tax department
STEP
# 3
Ø All Card-Swipe
/ PoS machines must be UPI / AEPS
compliant, so that all sale / purchase
TRANSACTION DATA generated through use of all CREDIT / DEBIT cards, too gets
integrated into that COMMON database of IT
STEP
# 4
Ø All sale / purchase transactions by all other
Electronic Fund Transfer Network ( EFTN ), too must be also transmitted /
deposited , into this COMMON
DATABASE of TRANSACTIONS
IN
NUT-SHELL :
Ø All sale / purchase transactions of any kind (
goods or services ) , MUST all get into a COMMON / CENTRAL database , through
introduction of a UTI ( Unified Transaction Interface )
UPI + UTI =
" Less Cash " + " Less Evasion "
+ " Less Black "
I request Shri Arun Jaitley-ji to consider
my suggestion
================================================
With regards,
Hemen Parekh / hcp@RecruitGuru.com / 23 April 2022
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