December 15, 2016 5:17 PM

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Govt announces Lucky Grahak Yojana, Digi Dhan Vyapar Yojana to promote digital payments

Government today announced Lucky Grahak Yojana to encourage consumers and Digi Dhan Vyapar Yojana to encourage merchants for transition to digital payments. <br/><br/>Addressing media in New Delhi, CEO of NITI Aayog Amitabh Kant said, National Payment Council of India will announce 15,000 winners of 1000 rupees each for next 100 days, starting from this Christmas. He said, 7000 weekly awards and maximum award of 50 thousand rupees each for merchants, under Digi Dhan Vyapar Yojana. <br/><br/>Mr Kant said, mega awards under the two schemes which will be announced on the birthday of Dr B R Ambedkar on 14th April. He said, the estimated expenditure of the schemes to incentivize Digital Payments is 340 crore rupees. <br/><br/>The NITI Aayog CEO said, there has been an increase in digital payments since De-Monetisation. He said, the intention is to encourage people in India move towards Digital Payments. <br/><br/>

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