See What Government Is Doing To Increase Electronic Transactions !

NITI Aayog doles out incentives to push cashless payments.


The Niti Aayog has also asked district magistrates to ensure that financial transactions in the district and subordinate organisations are cashless and on e-platforms. 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.

The first 50 panchayats to go cashless will be given the ‘digital payment award of honour’ by Niti Aayog. Also, the top 10 best performing districts will be given the ‘digital payment champions award’ by the government think tank.

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The Aayog has already given up to Rs 5 lakh to every district to kick-start the process, right from the panchayat level. An incentive of Rs 100 will be provided to common services centre operators for every merchant transacting digitally and Rs 5 for every citizen shifting to digital payments.

The Centre has realized that district magistrates are key to reaching out to the masses to accelerate the Modi government’s push towards less use of cash in transactions post-demonetization.

A great move by the government !

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Source : economic times and Times Now

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