Wednesday, January 14, 2015

Kumbh Mela 2015 @ Nashik-Why there should be no ATMs in the Mela Area

            Nasik will host the 2015 Kumbh Mela. Over 30 million visitors are expected to visit the Mela area during the 2 months Mela period.

The value of commercial transactions will range from INR1 to INR10,000/-, with the average transaction expected around INR500.

            The mela visitors would mainly be interested in lodging, boarding and puja articles. Donations are another area where cash will play a major role.

            5 Reasons why there should be no ATMs in the Mela Area

01) Cost of installation is high. Mobile ATMs are an option, but the same too have to be mounted on trucks with adequate safety.
02)Operating cost is high
03)Refilling cost is high
04)Attraction for anti-social elements.
05)Promote Cash transactions

If NO ATMs, than what is the alternative? The Alternative is CHOTA ATM

a)    Chota ATM has the capability to handle both cash withdrawals and bills
b)   Installation cost is nominal
c)    Operating cost is minimal
d)   Refilling cost is negligible
e)    Safety is high