To give a big push to cashless transactions, the government on Thursday 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 focused 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. Both the schemes will be supervised by National Payments Corporation of India.
Under the Lucky Grahak Yojana for consumers, there will be daily reward of Rs 1,000 each in a cashback mode to 15,000 lucky winners for a period of 100 days from December 25 till April 13. The Digi-Dhan Vyapar Yojana, meant for merchants, would have a maximum reward of Rs 50,000.
Here's all you need to know about the schemes:
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