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Business News/ Politics / Policy/  NPCI declares Rs54.90 crore prize money for NITI Aayog’s lucky draw schemes
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NPCI declares Rs54.90 crore prize money for NITI Aayog’s lucky draw schemes

NITI Aayog's lucky draw schemes are aimed at incentivizing both consumers and merchants to promote digital payments

The two schemes—Lucky Grahak Yojna and Digi-Dhan Vyapar Yojna—were launched on 25 December last year and shall remain open till 14 April. Photo: MintPremium
The two schemes—Lucky Grahak Yojna and Digi-Dhan Vyapar Yojna—were launched on 25 December last year and shall remain open till 14 April. Photo: Mint

Mumbai: National Payments Corp. of India (NPCI) on Saturday declared Rs54.90 crore prize money to over 3.42 lakh winners for NITI Aayog’s lucky draw schemes for consumers and merchants.

The two schemes—Lucky Grahak Yojna and Digi-Dhan Vyapar Yojna—were launched on 25 December last year and shall remain open till 14 April, a NPCI statement said. The schemes are aimed at incentivizing both consumers and merchants to promote digital payments.

There are 15,000 daily winners qualifying for total prize money of Rs1.5 crore. In addition to this, there are over 14,000 weekly winners qualifying for total prize money of over Rs8.3 crore every week, it said.

There has been a positive response among people from various age groups and occupations to adopt digital payments, it added. Maharashtra, Andhra Pradesh, Tamil Nadu, Uttar Pradesh and Karnataka emerged as the top five states with maximum number of winners.

Active participation was seen among females and males across regions. Majority of the winners were in the age group of 21 to 30 years. There were also a good number of winners who are above 50 years, said the statement.

Customers and merchants using RuPay card, BHIM / UPI (Bharat Interface for Money/Unified Payments Interface) and Aadhaar Enabled Payment Service (AePS) are eligible for wining daily and weekly lucky draw prizes, it said.

NPCI is also working with the government to organise Digi Dhan Melas at 110 locations till 14 April by demonstrating the above mentioned products to promote digital payment, the release added. NPCI, the umbrella organisation for all retail payment systems in the country, was set up in 2009 as the central infrastructure for various retail payment systems in India and was envisaged by the Reserve Bank of India as the payment utility in the country.

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Published: 14 Jan 2017, 08:28 PM IST
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