Lucky Grahak Yojana for digital payments starts today

The lucky draw scheme announced by PM Narendra Modi on Christmas morning will be starting from December 27, the government tweeted on Tuesday.

Starting with the city of Ludhiana in Punjab, the scheme will last for a total of 100 days and will conclude on April 14, 2017, PM Modi said in his ‘Mann Ki Baat’ speech on December 25.

The rest of the states would have the lucky draw scheme in their respective cities as follows.

List of city wise lucky draw dates.#digidhanmela pic.twitter.com/2JaspjHfPa

— MIB India (@MIB_India) December 27, 2016

PM Modi said 15,000 people who use digital payment modes will be given a reward of Rs 1,000 each by a lucky draw under `Lucky Grahak Yojana,’ which will be transferred to their accounts.

There will be one big draw every week with winning price in lakhs, PM Modi added.

"This scheme is to benefit all sections especially poor and lower middle income groups. Hence, only transactions between Rs 50 and Rs 3,000 will be rewarded," Modi said.

To promote cashless business among the traders across the country, Modi also announced 'Digi Dhan Vyapar Yojana' which will only be for traders.