In a bid to incentivise digital payments, the government on Thursday launched two schemes for consumers and merchants, Niti Ayog CEO Amitabh Kant said. 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. Also Read - India may soon announce its own ‘Atmanirbhar’ app store as alternative to Google, Apple
NITI Aayog announces daily, weekly & mega awards upto Rs. 1 crore – Lucky Grahak & Digi Dhan Vyapari Yojana – to encourage #digitalpayments pic.twitter.com/gj0sJbr67r Also Read - FASTag Update: How to recharge FASTag account for Electronic Toll Collection
— NITI Aayog (@NITIAayog) December 15, 2016
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.