Monday, 25 September, 2017

Thumb impression signifies digital literacy: PM Modi

Prime Minister Narendra Modi was at third spot on Instagram last year Prime Minister Narendra Modi was at third spot on Instagram last year
Sammy Stanley | 15 April, 2017, 05:38

The two schemes launched under BHIM App are namely BHIM Referral Bonus Scheme and BHIM Merchant Cashback Scheme.

The BHIM Referral Bonus Scheme is made for individuals and will incentivise existing BHIM users for bringing new users on the BHIM platform and encouraging the new users to do transactions with others using BHIM or by referring new users on BHIM.

Under the Cashback scheme, the merchants will get a cashback on every transaction using BHIM.

BHIM Aadhaar is the merchant interface of the BHIM App which will pave the way for making digital payments by using Aadhaar.

BHIM Aadhaar Pay app is going to make digital payments less complicated and simple.

While launching BHIM-Aadhaar digital payments in Nagpur, the Prime Minister said that the initiative would help people to make payments from anywhere in the world which is astep closer towards "less-cash economy".

Based on a biometric platform, any Aadhaar card holder can now pay to any merchant using his thumb impressions.

During the event, Modi would also felicitate the winners of the mega draw of the two major incentive schemes to promote digital payments - Lucky Grahak Yojana for customers and Digidhan Vyapaar Yojana for traders.

Modi had previous year launched Pradhan Mantri Grameen Awas Yojana - a housing scheme which aims at providing affordable houses to the rural poor by 2022.

"Today itself, we have provided BHIM Aadhaar Pay machines to 100 villages in Nagpur district, which will start doing transactions".

PM Modi, while speaking at the DigiDhan Mela in Nagpur, said: "That day is not far when the poor will say that Digi Dhan is "Niji Dhan". So, it was no wonder Modi discovered new qualities of Dalit icon saying it was Ambedkar who gave sound economic foundation to the country.Added Modi: "Like Lord Shiva, Ambedkar too consumed poison (of humiliation and caste insults) but never expressed bitterness for it or showed vengeful attitude".

Three new languages (Marathi, Punjabi and Assamese) have been added to the BHIM app.

Till November 2016, the volume of all digital transactions was 280,000, worth Rs 101 crore, which zoomed 23 times to 6,380,000 digital transactions valued at Rs 2,425 crore.

Modi, who was in the winter capital of the state today, also paid tributes to Babasaheb Ambedkar at Deekshabhoomi and attended the inauguration programme of various government schemes, organised by NITI Aayog, at the Divisional Sports Complex, Mankapur.

On a day-long visit to the second capital of Maharashtra, the PM is also to dedicate to the nation 14 units of thermal power plants at Koradi, Chandrapur and Parli with a total capacity of 3,230 MW.

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