Note ban pushed cashless transactions for petroleum products to 25 per cent, says minister

Note ban pushed cashless transactions for petroleum products to 25 per cent, says minister

Elaborating how demonetisation has encouraged cashless transactions, Union Minister for Petroleum and Natural Gas Dharmednra Pradhan said that cashless transactions now accounted for over 25 per cent of the total transactions in petroleum products.

The annual transaction of petroleum products in the country is worth Rs 7 lakh crore.

Dharmendra Pradhan was speaking at the India Today State of the State Conclave in Ahmedabad on Friday. The petroleum minister inaugurated the conclave. Read more…

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