One Telangana Card to be launched in state for all travel payments
The Telangana government has invited bids for designing and implementing the 'One Telangana Card' system. This will be a smart card ecosystem, which can be used for payment related to travel services in the state, a senior government official said on Friday.
The Telangana government has invited bids for designing and implementing the 'One Telangana Card' system. This will be a smart card ecosystem, which can be used for payment related to travel services in the state, a senior government official said on Friday. A senior official of Telangana State Technological Services said that a pre-bid meeting was held in June first week and would be closed by 15th July.
The One Telangana Card system's aim is to integrate the payments related to travel services by the inhabitants and visitors in Hyderabad Metro Rail, Telangana State Road Transport Corporation buses, Hyderabad Multi-Modal Transport System, auto-rickshaws, Ola, Uber cabs and others within the state, Jayesh Ranjan, Principal secretary of IT and Industries said.
According to a PTI report, an official said they are looking for an association for the project which should have bank or financial institution as one of the partners. He further said, "There has to be payment clearing house. There has to be a vendor who will supply machines (to read smart cards)."
Earlier in March, Prime Minister Narendra Modi launched the 'one nation, one card' for transportation that is 'National Common Mobility Card' (NCMC) which developed India's first Indigenous payment Eco-system for transportation. It enables people to pay different kinds of transport charges, including metro services and toll tax, across the country.
Ranjan further said, "The Centre has also announced NCMC. We have decided that we will go ahead with our own card and as and when some national card is launched we will integrate ours with it."
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
04:01 PM IST