Akodara becomes India’s first Digital Village
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. All transactions in the village are carried out through digital modes like SMS, net-banking or debit cards.
Key Facts
- The village was adopted by ICICI Bank under its Digital Village Project in 2015 and made cashless by adopting digital technology.
- The project was launched in January 2016 by Prime Minister Narendra Modi and ICICI Bank MD and CEO Chanda Kochar to mark 60-year-celebration of the ICICI group’s existence.
- All households in village have savings account in local ICICI Bank branch. The bank has provided training to villagers to embrace digital technology to reduce dependence on cash.
- The village has almost 100% financial rate and all mobile banking is done in Hindi, English and Gujarati languages. It also has its own official website.
- The villagers’ most important transactions selling agri-produce at the local market or mandi or selling milk at the co-operative society have been made cashless.
- It has primary, secondary and higher secondary schools equipped with smart boards, computers and tablets.
- It can be said that this village has become prime example of how e-banking can be practically implemented in Indian villages without much difficulty to make India cashless economy.
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Month: Current Affairs - November, 2016
tarun das
November 29, 2016 at 4:38 pmWoh digital village!
tarun das
November 29, 2016 at 4:38 pmWoh digital village!
sanchita
December 1, 2016 at 6:05 amgood result of our progress.
sanchita
December 1, 2016 at 6:05 amgood result of our progress.
M Sethuraman
December 4, 2016 at 7:23 amExample village I hope Very shortly coming cashless economy. Good initiative for ICICI bank and positive cooperation for Akodara village people keep it up. Good show for this web site creator . Thanks
M Sethuraman
December 4, 2016 at 7:23 amExample village I hope Very shortly coming cashless economy. Good initiative for ICICI bank and positive cooperation for Akodara village people keep it up. Good show for this web site creator . Thanks
himanshu
December 5, 2016 at 10:55 pmcashless economy help villagers to handle their cash with ease……..
himanshu
December 5, 2016 at 10:55 pmcashless economy help villagers to handle their cash with ease……..
Raju Dutta
February 18, 2017 at 9:23 pmThanks….so happy
Raju Dutta
February 18, 2017 at 9:23 pmThanks….so happy
Raju Dutta
February 18, 2017 at 9:24 pmGood for information
Raju Dutta
February 18, 2017 at 9:24 pmGood for information
adam
March 2, 2017 at 1:47 amjust a poltical move of modi becoz gujrat is the only state where he has his influence .. theoraticaly what they say is true but practically go, see ,visit. hahahah
adam
March 2, 2017 at 1:47 amjust a poltical move of modi becoz gujrat is the only state where he has his influence .. theoraticaly what they say is true but practically go, see ,visit. hahahah