The Narendra Modi government on Thursday announced daily lucky draws for consumers and merchants to promote digital transactions in India.
Announcing these two schemes Amitabh Kant, CEO, NITI Aayog said that 'Lucky Grahak Yojana' will encourage consumers while 'Digi Dhan Vyapari Yojana' will encourage merchants to transition to digital payments.
Government has initiated numerous steps to combat scourge of corruption and black money in last two and a half years, Amitabh Kant added.
Key highlights of these two schemes
-Two major schemes - Lucky Grahak Yojana & Digi-Dhan Vyapari Yojana - will be launched on Dec 25th (on Christmas).
-NPCI will announce 15,000 winners of Rs 1000 each for next 100 days, starting from Dec 25th.
-Daily, weekly and mega awards up to Rs 1 crore for consumers and merchants using digital payments.
-Both schemes will cover small transactions between Rs 50 and Rs 3000 to encourage every section of the society to move to digital payments.
-Rs 7,000 weekly awards, max award of Rs 50,000 each for merchants, under Digi-Dhan Vyapari Yojana.
-Mega awards also up for grabs under Lucky Grahak Yojana & Digi-Dhan Vyapari Yojana to be announced on 14th April.
-Estimated expenditure of the scheme: Rs 340 crore.