Chief minister Chandrababu Naidu, will act as the convenor of a 13-member committee announced by the Union government to promote cashless transactions in India. The committee, headed by Naidu, will have five other chief ministers.
The committee will identify and examine the global best practices for implementing an economy primarily based on digital payment, identify and outline measures for rapid expansion and adoption of the system of digital payments and prepare an action plan to create awareness among public to switch over to digital economy.
Apart from Chandrababu Naidu, CMs of Maharashtra, Odisha, Madhya Pradesh, Puducherry and Sikkim, vis Devendra Fadnavis, Naveen Patnaik, Shivraj Singh Chouhan, V Narayanasamy and Pawan Kumar Chamling will be present as members. While NITI Aayog’s vice chairman Arvind Panagariya will act as a member.
Niti Ayog or the National Institution for Transforming India is a Government of India policy think-tank established by the Narendra Modi government to replace the Planning Commission. The stated aim for NITI Aayog's creation is to foster involvement and participation in the economic policy-making process by the State Governments .The emphasis is on bottom-up approach and make the country to move towards cooperative federalism . The Union Government of India announced the formation of NITI Aayog on 1 January 2015, and the first meeting was held on 8 February 2015. The Prime Minister serves as the Ex-officio chairman.