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Tuesday, December 27, 2016

Schemes to encourage digital payments - Lucky Grahak Yojana and Digi Dhan Vyapaar Yojana

 


Prime Minister Narendra Modi on Saturday Dec 24,2016 launched these two schemes to encourage digital payments.

  • The winners will be selected under the scheme leading upto April 14, 2017, when the schemes will reach to a finale with a mega draw.
  • Under the Lucky Grahak Yojana, winners will be selected on daily and weekly basis.
  • In Digi Dhan Vyapar Yojana, winners will be selected on a weekly basis.
  • Lucky draws will be held in 100 cities in a fair, Digi Dhan Mela is aimed at encouraging the mode of digital payments.
  • Banks and other shareholders will set up their booths and help centres in the fairs.
  • People who visit these booths and help centres can get their digital payment mobile phone applications downloaded there and will be initiated to the whole process of digital payment.
  • Both the schemes will be implemented by National Payments Corporation of India.
  • Transactions made using only RuPay cards, USSD, UPI and AEPS are eligible for these schemes.

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