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Following Prime Minister Narendra Modi's push for a digital economy, the Central Board of Secondary Education (CBSE) has asked all its affiliated schools to start collecting fees through cashless transactions from January 2017.
In a letter to the schools, CBSE secretary Joseph Emmanuel hailed the benefits of cashless transactions and said that the CBSE has brought e-payment facilities for the collection of examination fees, affiliation and various activities including payments to its examination functionaries.
Schools should also work to make all the payments for their various services, procurements, wages to contractual workers and other transactions cashless, Emmanuel said.
(With inputs from PTI)
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