Reimbursement scheme for RuPay Debit Card, BHIM UPI transactions
GS Paper 3: Topics Covered: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. Context: The Union Cabinet announced that it has approved a scheme to provide incentives of small amounts for transactions done through the RuPay Debit Card and BHIM UPI. This will incur an expense of around ₹1,300 crores. Details: The …
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