Rs 10 for digital transactions: Govt is doling out incentives for cashless India

Rs 10 will be given to the district administration for every individual who has shifted to digital payment mode and has made at least two digital transactions for day-to-day activities

Paytm reaches for the cashless crown
BS Web Team New Delhi
Last Updated : Dec 05 2016 | 9:14 AM IST
The central government is taking a number of measures to provide incentives to district administrations in order to give a boost to cashless digital payment systems across districts, talukas and panchayats.

As per the plan, an incentive of Rs 10 will be given to the district administration for every individual who has shifted to digital payment mode and has made at least two digital transactions for day-to-day activities, like selling and buying goods or services.
"NITI Aayog has enlisted a series of incentives for the communication campaign for the district authorities and administration to promote the transition to the cashless digital payment systems," a government release said. 

According to the NITI Aayog, some of the initiatives include incentives for digital payments for day to day financial transactions like buying or selling goods/services, and transferring money.

"NITI Aayog will provide logistic support for outreach activities at the district, taluka and panchayat level in form of the seed money of Rs 5 lakh per district administration as a part of the communication campaign. The purpose is to enhance seeding of mobile and Aadhar numbers to the bank account, issue of Rupay cards wherever necessary, issue of PIN wherever necessary, downloading of app wherever necessary and finally achieving two successful transactions," said the release.

It said that the top ten best performing districts will be awarded the Digital Payment Champions of India award while the first 50 Panchayats, which go cashless, will be awarded Digital Payment Award of Honour.

Meanwhile, Delhi BJP leaders  visited markets and residential colonies in the national capital to educate people, about cashless transactions.

Delhi BJP president Manoj Tiwari bought a shirt through a banking app during the 'My mobile-my bank-my wallet' campaign at Mukherjee Nagar.

Union minister Harsh Vardhan, and Vijay Goel reached out to the public in Tri Nagar and Karol Bagh respectively.

Hitting at opposition parties Tiwari said,"In 1980, when computer came it was said that unemployment will grow. In 1995, when mobile phones came they were taken as a luxury. Time has shown that computers and mobiles have brought progress for all and now in 2016 when Prime Minister is promoting mobile banking it is being said that it will hurt the trade but the truth is that the mobile banking revolution will bring economic growth for all."

Union State Minister Vijay Goel along with former North Delhi mayor Ravindra Gupta and other leaders interacted with the local traders and customers in Ajmal Khan market.

Party MPs Maheish Girri, Ramesh Bidhuri and former Delhi BJP president Satish Upadhyay also campaigned for the cashless transactions in different parts of the city.

With inputs from Agencies
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First Published: Dec 05 2016 | 9:14 AM IST

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