HomeNewsIndia NewsNiti Aayog to Rank States, UTs on Digital Transactions

    Niti Aayog to Rank States, UTs on Digital Transactions

    Niti Aayog had constituted a Committee of Chief Ministers on digital payments which submitted its interim report to Prime Minister Narendra Modi on January 24, 2017.

    The Government of India, on February 8, 2017, informed the Parliament that to cultivate competition among states, the government’s think tank Niti Aayog has decided to rank the states/UTs on the basis of digital transactions.

    “It has been decided by Niti Aayog to rank the states/UTs on the basis of digital transactions. Details of the parameters are being worked out,” Minister of State (Independent Charge) for Planning Rao Inderjit Singh said in a written reply to Lok Sabha.

    Niti Aayog had constituted a Committee of Chief Ministers on digital payments which submitted its interim report to Prime Minister Narendra Modi on January 24, 2017.

    The committee has, inter-alia, recommended various incentives for consumers and merchants in the form of cashback on digital spends, discounts on government payments via digital means, incentives to banking correspondents and small merchants for digital transactions.

    The minister further said in order to attract general public and facilitate significant behavioural change among public towards digital transactions two major schemes – Lucky Grahak Yojana for consumers and Digi-Dhan Vyapar Yojana for merchants have been launched.

    ELE Times Bureau
    ELE Times Bureauhttps://www.eletimes.ai/
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