To further accelerate the cashless economy, after the cancellation of old Rs.500 and Rs.1,000 notes, the Central Government has decided on a package of incentives and measures for promotion of digital and cashless economy in the country. These incentives include: 1. The Central Government Petroleum PSUs will offer a discount at the rate of 0.75% of the sale price to consumers ...

As the demonetisation laid bare the difficulties of rural India not matching the urban centres in banking and payment technology, the Indian government has decided to pitch for a campaign provide information, education and communication, holding camps for transiting to the digital mode of payment. Among the series of measures undertaken include incentives to the district administration which will give ...