On Monday, Indian Prime Minister Narendra Modi launched the National Common Mobility Card (NCMC) for multiple kinds of transport charges. The PM has called the card “One Nation One Card”. People will be able from now to pay various transport charges including metro services, bus travel, parking charges, toll taxes and even withdraw money.
Mr. Modi while launching the first phase of the Ahmedabad metro train service, introduced the NCMC. While introducing the card PM Modi said, “This card runs on RuPay card and it will eliminate all your travel related problems. Many times, we do not have change to pay in cash while traveling in the metro, bus or train, or for toll and parking. To overcome this issue, an automatic fare collection system was introduced.”
“Now, our dream of ‘One Nation One Card’ has been realized. People can also withdraw money using this Common Mobility Card. This RuPay card can be used for traveling in metros in any part of the country. In simple terms, we have merged the RuPay card with the mobility card,” the prime minister added.
He said confidently that India is no longer needed to be dependent on foreign technology. Mr. Modi further remarked, “Now, we have this ‘Made in India’ card. Only a select few countries have this technology of ‘One Nation One Card’,”
NCMC cards are actually bank-issued cards on debit/credit/prepaid card product platform. The user of the card will be able to make payments across all sections.
Nifty, Sensex Take A Recess After Seven Day Long Fluctuation
Domestic decency benchmarks took an interval after a seven day long down. In the session of today securing in Infosys,...by Haimantee Ghosh
SBI Chairman Claims Bankruptcy “ Last Option ” For Jet Airways
State Bank of India director told the reporters that pushing Jet Airways into a bankrupting phase is the “ last...by Haimantee Ghosh
PM Modi’s ambitious plan to get millions more Indians flying faces turbulence
The programme initiated by Modi last year aims to boost economic growth by refurbishing idled colonial-era airstrips or building mint...by Sawan Kumar
Sales boost at Starbucks
The basic fund-a of economics is nothing but having a higher economic growth. This will help in the sustenance of...by TNBC Staff Reporter
Anil Ambani will have to resolve the $80 million dues within one day
One of the billionaires of India, Anil Ambani has only one day left to him to resolve $80 million dues...by Susmita
Rupee edges higher against US Dollar
Today, India’s Rupee gains by 8 paise to 69.63 against the US Dollar in the opening trade, driven by higher...by Chandrani Sarkar
Flipkart finally owns eBay.in and decides to set its own refurbish product re-selling website
Flipkart took over eBay’s India operation, as a part to support the company’s financially that offered funds from Microsoft, Tencent,...by Chandrani Sarkar
SoftBank to sell Flipkart stake to Walmart, first known as Vision Fund divestment
On Wednesday the SoftBank Corporation announced that it was selling 20 percent of its stake in Flipkart to Walmart Inc....by TNBC Staff Reporter
Latest Sports News
Roar of the Lion has released, MS Dhoni narrates the rise and fall and comeback of CSKby Susmita