Current Affairs - Business - Discussion

Andhra Pradesh State Government and international digital payments company Visa announced a tie up for Visakahpatnam Digital Dhan Sankalp Project. Digital Dhan Sankalp project, is an initiative to develop Visakhapatnam into India's first 'less cash' city. The range of digital payment services included under the project are payment of water and property tax at Greater Visakhapatnam Municipal Corporation (GVMC), bus services run by Andhra Pradesh State Road Transport Corporation (APSRTC), iconic tourist locations at Visakhapatnam Urban Development Authority (VUDA), and utility services of Eastern Power Distribution Company of AP Ltd (EPDCL). These services are now accessible to 90% of population in Visakahpatnam.