NEW DELHI: To give a big push to cashless transactions, the Government today announced daily, weekly and mega awards worth Rs 340 crore for consumers and merchants on small digital payments beginning Christmas Day.
Announcing ‘Lucky Grahak Yojana’ and ‘Digi-Dhan Vyapar Yojana’, to be launched on December 25 as a “Christmas gift” to the nation, Niti Aayog CEO Amitabh Kant said it is specially focussed on bringing the poor, lower middle class and small businesses into the digital payment fold.
The schemes will cover small transactions between Rs 50 and Rs 3,000 to encourage every section of the society to move to digital payments.
“The primary aim of these schemes is to incentivise digital transactions so that electronic payments are adopted by all sections of the society, especially the poor and the middle class,” Kant said.
He said the estimated expenditure of the first phase of the scheme (up to April 14) is Rs 340 crore and going forward the Government will announce a slew of other measures to move towards a less-cash economy.
Both the schemes will be supervised by National Payments Corporation of India (NCPI) and it will also conduct a technical audit of schemes at back-end operations. (AGENCIES)
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