Want to be rewarded in cash? Adopt digital payment, says NITI Aayog
New Delhi, Feb 21: In order to promote use of digital payment by customers, the NITI Aayog on Tuesday announced to reward money to people who adopt online transaction for money transfer or clearance of bills.
"The NITI Aayog will come up with a cashback scheme to encourage digital payment," chief executive officer of NITI Aayog, Amitabh Kant, told reporters on Tuesday in Delhi.
NITI Ayog will come up with Cash back scheme to encourage digital payment: Chief Executive Officer of NITI Aayog Amitabh Kant pic.twitter.com/VR2f1ujsJs— ANI (@ANI_news) February 21, 2017
The NITI Aayog or the National Institution for Transforming India is a government of India policy think-tank established by the Narendra Modi government to replace the Planning Commission.
Kant said that there are nearly 10 lakh citizens who have so far got reward money of over Rs. 153.5 crore for embracing digital payments.
"Among the 9.8 lakh winners, more than 9.2 lakh consumers, 5,6000 merchants and 120 consumers have won the prize money worth Rs. one lakh each," added Kant.
Kant informed that nearly 4,000 merchants have also won price money of Rs.50,000 each. "Maharashtra, Tamil Nadu, Uttarakhand Pradesh, Andhra Pradesh and Delhi have emerged as the top five states with maximum number of winners," Kant added.
According to data available with the NITI Aayog, Bheem app had made a world record by having in total of 17 million downloads so far. "In December last year and January this year, the Bhim app witnessed a surge of over 4,160 percent in the transactions it made."