Skip to main content

Make digital payments, win Rs 1 crore lottery: Niti Aayog


In recent weeks, Prime Minister Narendra Modi also extolled the virtues of a cashless society. (HT file)
Niti Aayog on Thursday announced awards for people making payments through digital means. The Aayog’s CEO Amitabh Kant made the key announcement in a press conference.
*15,000 winners will get Rs 1000 each. The scheme runs from December 25, 2016, to April 14, 2017.
* On April 14, a mega award of Rs 1 crore will be announced. The second prize will be of Rs 50 lakh and third of Rs 25 lakh.
Niti Aayog’s announcement comes days after the finance ministry declared multiple incentives -- ranging from discounts on fuel, highway toll and railway tickets to cheaper insurance cover – for those using digital payment modes.
The government has come under opposition attack for its November 8 move to recall Rs 500 and Rs 1000 notes but it has repeatedly defended itself, saying the decision was necessary to stamp out black money and counterfeit currency.
In recent weeks, Prime Minister Narendra Modi also extolled the virtues of a cashless society, giving examples of beggars using ATM machines, and said any pain from a shortage of cash was temporary and that the move will benefit the country in the long run.

Comments

Post a Comment

Popular posts from this blog

Cyclone Vardah: How and why was it named

Cyclones explained: How are they named, what constitutes them and how do they differ from typhoons and hurricanes. How are cyclones named? Tropical cyclones passing over the northern part of the Indian Ocean are named by eight countries in the region, namely India, Pakistan, Bangladesh, Sri Lanka, Maldives, Myanmar, Oman and Thailand. The process only began in 2004, fours years after World Meteorological Organization agreed in principle to allow them to name cyclones originating in the Bay of Bengal and Arabian Sea. The alphabet system is used to designate the name of a cyclone, which means the name of the year’s first cyclone begins with A. Previously, till 1979, cyclones were only given female names. Male names were only introduced in the same year. World Meteorological Organization (WMO) maintains the database of cyclone/hurricane/typhoon names. There are six lists of names used in rotation and they are recycled every six years. The names are picked from this pre-designated l...
Post a Comment
Read more

Jayalalitha angry speech in Assembly- Trending

Post a Comment
Read more
Thinkstock photo Dubai, December 6 Men who exercise between three and five times a week may improve their sperm counts and other measures of sperm quality in just a few months, according to a new study. Researchers from Urmia University in Iran also found that men exercising moderately and continuously improved their sperm quality more than those following popular intensive exercise programmes like high intensity interval training (HIIT). One in three couples struggle to conceive due to poor semen quality. The only treatment available for couples unable to conceive naturally is In vitro fertilisation (IVF), but using poor quality sperm may increase the risk of miscarriage, birth defects and the development of childhood cancer, researchers said. Current advice for men seeking to improve their chances of conceiving include combining healthy eating with regular exercise while giving up smoking and reducing the intake of alcohol. However, the link between exercise and s...
Post a Comment
Read more