Reiterating his government’s push for moving towards a cashless economy, Prime Minister Narendra Modi unveiled two schemes—Lucky Grahak Yojana and Digi Dhan Vyapaar Yojana—during 2016’s last Mann ki Baat, his radio talk, on Sunday. These schemes will reward consumers and traders for making e-payments and using digital transactions through a lucky draw.
Reminding the nation that Jesus not just served the poor but also appreciated the service done by poor, Modi said: “This is real empowerment.” As a Christmas gift, the PM said as many as 15,000 people will receive rewards of Rs 1,000 each over the next 100 days. To be eligible, consumers and traders will have to use mobile banking, e-banking, RuPay cards, Unified Payments Interface and USSD modes of payment.
“These schemes have been designed keeping all sections of society in mind, with a special focus on the poor and the lower middle-class segments. Therefore, only those who make a purchase worth more than Rs 50 and less than Rs 3,000 will benefit,” said Modi.
The Prime Minister lavished praise on the people for the encouraging response to the Centre’s push for cashless transactions in its fight against black money. “During the past few days, cashless transactions or cashless trading has increased by 200-300 per cent,” he said.
Modi also spoke about other incentives for traders using digital payment modes. “Those businessmen who adopt digital transactions, and those who develop online payment process instead of cash transactions in their trade activities will get Income-Tax (I-T) rebate,” he added.
During his talk, Modi also sought to justify the Centre’s frequent rule changes for deposit and exchange of old currency notes following demonetization. “This government is for the people. The government continuously endeavours to take feedback. What are the areas of difficulty? What are the rules that are creating hindrances? And what are the possible solutions? This government, being sensitive towards the common man, amends rules as required, keeping the convenience of the people as its foremost consideration, so that citizens are not subjected to hardship,” said Modi.
Responding to letters written by citizens detailing their hardships and suggestions, the PM said that he appreciate the pains they are taking, calling them the “real agents of change” and “pioneers of transformation”.
Referring to the multiple raids by the I-T department to recover hoarded new currency, the PM said: “I offer my heartiest salutations to my dear countrymen for one very remarkable thing. These days you must be seeing on TV and newspapers everyday that many new people are being taken into custody, currency notes are being seized, and raids are being carried out. Influential persons are being caught. How have all these been made possible? Should I let out the secret? The secret is that my sources of such information are the people themselves.”