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Niti Ayog announces 2 schemes to push digital payments

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IANS New Delhi
Last Updated : Dec 15 2016 | 4:43 PM IST

In a bid to incentivise digital payments, the government on Thursday launched two schemes for consumers and merchants, Niti Ayog CEO Amitabh Kant said here.

Lucky Grahak Yojna would reward consumers through a daily, as well as a weekly, draw on transactions worth Rs 50 to Rs 3,000 with maximum reward up to Rs 1 lakh.

Digi Dhan Yojna, aimed at merchants, would have a maximum reward of Rs 50,000, Kant said.

The scheme would commence from December 25 and would last till April 14.

On April 14, there would be mega awards worth Rs 1 crore, Rs 50 lakh and Rs 25 lakh, respectively, for consumers and Rs 50 Lakh, Rs 25 lakh and Rs 5 lakh for merchants, Kant said.

--IANS

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First Published: Dec 15 2016 | 4:30 PM IST

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