Central cabinet of Ministers approves special concession for Digital Monetary Transitions!!
Posted on: 12/Jan/2023 11:42:17 AM
Nirmala Seetharaman, the Minister for finance of the Central Government, announced that the banks will be given various concessions will be given encourage increasing digital monetary transactions!
Subsequently, the Central government has been offering incentives for low-value monetary transactions done through PMUPI and RuPay Debit Cards
Incentives are given to the banks offering this digital transaction service.
In a review meeting presided over by Prime Minister Narendra Modi yesterday (Wednesday, 11th January), by the central cabinet ministers, approval was granted for the incentive payments to the banks for the digital transactions conducted in the financial year 2022-2-23!
