In a bid to incentivise digital payments, the government on Thursday launched two schemes for consumers and merchants, Niti Ayog CEO Amitabh Kant said here.
Lucky Grahak Yojna would reward consumers through a daily, as well as a weekly, draw on transactions worth Rs.50 to Rs.3,000 with maximum reward up to Rs.1 lakh.
Digi Dhan Yojna, aimed at merchants, would have a maximum reward of Rs.50,000, Kant said.
The scheme would commence from December 25 and would last till April 14.
On April 14, there would be mega awards worth Rs.1 crore, Rs.50 lakh and Rs.25 lakh, respectively, for consumers and Rs.50 Lakh, Rs.25 lakh and Rs.5 lakh for merchants, Kant said.