In a bid to promote electronic transactions, NITI Aayog has asked NPCI to frame an award scheme to incentivise people using digital mode for making payments through weekly and quarterly luck draws. NITI Aayog has requested National ayments Corporation of India to conceptualise and launch a new scheme to incentivise digital payments.
NPCI is a not for profit company which is charged with a responsibility of guiding India towards being a cashless society. According to a NITI Aayog statement, there has been a remarkable increase in both volume and amount of digital payment transactions since November 9, when government demonetised high value notes of Rs500 and Rs1,000. It is necessary to ensure that electronic payments are adopted by all sections of the society, it said.
“We need to encourage electronic payments and nudge the society to move from digital to digi-dhan,”NITI Aayog said. Under the proposal all consumers and merchants using digital payments shall be eligible.