Friday 16 December 2016


                               A PUSH TOWARD CASHLESS ECONOMY

ECO of The National Institute for Transforming India (NITI) Aayog, Mr. Amitabh Kant on Thursday in a press release announced about the Lucky Grahak and Digi-Dhan Yojana

In their announcement they cleared that focus of Lucky Grahak and Digi-Dhan Yojana is on poor, middle class and small businesses so as to bring them into digital India companion
He explained about the two schemas as under

Weekly and daily awards

Under the Lucky Grahak Yojana, 15,000 winners will get cashback prizes of Rs 1000 each every day for a 100 day period starting on December 25 (Christmas) and ending on April 13 next year.

In addition, there will be weekly awards worth Rs 1 lakh, Rs 10,000 and Rs 5,000.

For merchant scheme 'Digi-Dhan Vyapar Yojana', there will be weekly prizes worth Rs 50,000, Rs 5,000 and Rs 2,500 to be announced during the period.

There will be 7,000 weekly awards each for consumers and merchants.

Mega awards

In addition, mega-awards will be announced on April 14 for both consumers and merchants, for doing transactions digitally between November 8 and April 13 next year.

For consumers, the first prize is Rs 1 crore, the second prize is Rs 50 lakh, and the third is Rs 25 lakh. For merchants, the prizes are Rs 50 lakh, Rs 25 lakh, and Rs 5 lakh, respectively.

Additional Details
  •          The National Payment Corporation of India (NPCI) will implement the schemes.
  •          There will be a random draw of digital transaction IDs to select awards.
  •          All forms of transactions through UPI, USSD, Aadhar Enabled Payment System (AEPS) and RuPay cards will be eligible for lucky draws.
  •          Scheme isn't applicable for transactions done through private credit cards and e-wallets of private companies.
  •          First Draw will be on 25th of December 2016.
  •          Other Details will be disclosed soon by the NITI Aayog.

Go India Go Digital and win prizes

1 comment: