Govt Announces Big Digital Push, Cheap Fuel, RuPay Cards For Villages


New Delhi: A month after Rs 500 and Rs 1000 notes were demonetised, Union Finance Minister Arun Jaitley on Thursday announced a slew of measures to promote the use of digital payments, including a 0.75 percent discount for those who pay for petrol and diesel using digital mode.

In addition, people buying monthly seasonal tickets in suburban railway networks through digital payment mode will also get a 0.75% discount, the Finance Minister said.

This measure, he said, will be effective from January 1 2017, starting from the Mumbai suburban railways. He added that insurance cover worth Rs 10 lakhs would be provided for those who book railway tickets through digital mode.

Jaitley today also announced that 4.32 crore villagers who have Kisan cards will be issued RuPay cards by NABARD, and that two point of sale machines will be provided for every village with a population of upto 10 lakh.