Modi launches 2 schemes to promote digital transactions

New Delhi: Addressing the 27^th edition of Mann Ki Baat in New Delhi on Sunday, Prime Minister Narendra Modi said the government has launched two schemes to encourage cashless transactions in the nation.

Before announcing the schemes, Modi wished the nation a Merry Christmas, saying it is a day of service and compassion. “Jesus not only served the poor but also appreciated the service done by poor. This is real empowerment,” he added.

He also extended birthday wishes to former prime minister and veteran BJP leader Atal Bihari Vajpayeeji.

“Today is also the birth anniversary of former PM Atal Bihari Vajpayeeji; country will never forget his contribution to the nation. It is also the anniversary of Madan Mohan Malviya, who gave modern teaching a whole new direction,” Modi asserted.

Speaking on how the government's move to scrap Rs 500 and Rs 1000 notes has "encouraged" the citizens to move towards cashless economy, Modi said, "Today there is curiosity among people as to how can one go cashless. People want to learn from each other".

He then unveiled two award schemes the government has instituted to promote cashless transactions. “Government has launched 2 schemes today, for consumer the scheme is called 'Lucky Grahak Yojana', and for small traders 'Digi Dhan Vyapar Yojana,” Modi said.

Modi claimed that 30 crore people in the country have RuPay cards, out of which 20 crore belong to poor families with Jan Dhan accounts. He added that in the last few days, cashless transactions across the country have increased by 200-300%.

“Awareness towards online payments and using technology for economic transactions is increasing,” the PM said.

The Prime Minister congratulated the Assam government for embracing cashless transactions, and also hailed the role of Andhra Pradesh Chief Minister N Chandababu Naidu in heading the panel on recommendations to handle problems caused by demonetisation.

Calling on people to be at the forefront of using digital means to make payments and transactions, Modi said it was a golden opportunity for the youth and for startups to explore new avenues.

Businessmen who make digital payments will also receive Income Tax benefits, the PM said.

In a veiled attack on the Opposition, Modi said the people have given a fitting reply to those who tried to spread rumours about demonetisation.

The Prime Minister added that many people had written to him, and some had praised the government's move to demonetise Rs 500 and Rs 1000 notes. However, they also spoke about the problems they faced due to demonetisation.

"A lot of questions are being raised about frequent rule changes. But I am determined to take on those indulging in corruption," Modi stated.

Regretting the washout of the Winter Session of Parliament, Modi called on political parties to have a discussion on their funding.

“The law is equal for all. Be it any individual or any political party,” Modi asserted.

The PM, who addressed the nation via All India Radio (AIR), earlier on Sunday wished former Prime Minister Atal Bihari Vajpayee a happy 92^nd birthday.

He also wished his Pakistani counterpart Nawaz Sharif the same, in spite of frosty relations between the two countries following two major terrorist attacks in India in 2016, and the surgical strikes across the border by the Indian Army.

Reiterating his promise to reduce the pain of common people in 50 days post-demonetisation, Prime Minister Narendra Modi on Saturday warned that the battle against black money would not end till it is won.

Modi, who was in Mumbai to lay the foundation stone for the Rs 3,600 crore Chhatrapati Shivaji memorial, that only the dishonest would suffer due to the demonetisation decision. Modi on Saturday also kick-started projects worth 'one lakh crore ahead of the Brihanmumbai Municipal Corporation (BMC) polls in the city scheduled next year.

In a veiled attack on Congress for opposing demonetisation, he also said the "sins" of benami properties would not have happened and people would not be standing in queues now had necessary decisions been taken in the past.

"In 1988, Parliament passed Benami Property Act but it never got notified and implemented. The papers had got lost somewhere in a stack of files. It was me who re-opened it.  Sins of benami properties would not have happened had the law been implemented," he said after the inauguration of Pune metro.