Recently, Prime Minister of India, Shri Narendra Modi has launched a National Common Mobility Card (NCMC) on 05.03.2019 in India. This would operate as a One Nation One Card for transport mobility in India, which is said to be the first of its kind in India.
The NCMC Card would be issued by banks in form of a debit/credit/prepaid card. This single NCMC Card may be used by the customer to make payments for travel by bus, metro, suburban railways, and other transport systems, for toll and parking, for payments on e-commerce websites, retail shopping, etc. The NCMC Card also supports monthly passes, season tickets, etc. This digital system aims to address the issues of cash payments, fare collection, operating cost, etc.
Further, the Government has introduced green mobility measures in the form of electric and hybrid vehicles to curb environment pollution. Reportedly, various vehicle manufacturers including luxury cars such as Porsche, Audi E Tron, Mercedes-Benz, etc are soon set to launch green and eco-friendly vehicles in India. In fact, the State of Telangana has already launched around 40 electric buses in Hyderabad last week.
These Government measures to make mobility in India greener and convenient would gradually improve the way in which people travel in India and it would also lead to higher digital payments penetration in the country.
The Indian Lawyer