The Union Cabinet today gave its nod to the incentive scheme for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions. The scheme has a financial outlay of two thousand six hundred crore rupees. The decision will help in building a robust digital payment system.
Besides, the Cabinet also gave ex-post facto approval of renaming the National Centre for Drinking Water, Sanitation, and Quality at Joka, Kolkata as Dr. Syama Prasad Mookerjee National Institution of Water and Sanitation.