The Goa government has taken a step towards promoting the digital economy. The government has made it compulsory for all departments to use Paytm for cashless transactions. This will help in seamless financial transactions in government sectors.
This initiative supports the union government's aim for the digital economy. Looking at increasing online payments, this is very convenient for all the citizens. Due to the cashless transaction method, there will be more transparency in the work of the government. Citizens' reliability and trust in government will increase and it will put some kind of limit on corruption.
The country needs to adopt the various technologies in day to day life for faster development. Paytm transactions by the Goa government will encourage other states to do the same. Switching to an online transfer method will enhance the administration.
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