PM Modi launches BHIM app

Prime Minister Narendra Modi on Friday launched the BHIM app which, according to him, will aim to make digital transactions across the country easier for the common man. The Prime Minister said that the country needs to move ahead with digital transactions in the future, adding that digital economy is the future of the country.

Prime Minister Modi said that illiterate people can use a thumb to access their banks. “Ek zamana tha anpad ko ‘angutha chhap’ kaha jata tha, waqt badal chuka hai, aap hi ka angutha aapki bank, aapki pehchaan hai (There was a time once when people used to call you ‘angutha chhap’ but now your angutha (thumb) is your bank, your identity,” he said.

PM Modi said that prizes will be given to those who make transactions of more than Rs.50 and less than Rs.3,000 using digital payment methods. “Over the 100-day period, several families will be given prizes. These schemes were launched to benefit the poor.” He also announced that mega draw will take place on April 14, the birth anniversary of Dr Babasaheb Ambedkar. Talking about the two initiatives, the Lucky Grahak Yojana and DigiDhan Vyapar Yojana, PM Modi said the schemes are a Christmas gift to the nation, while announcing biometric payment methods from January 1, 2017.

PM Modi said that their efforts will make the country corruption-free, 125 crore people came together to fight against their own evils and he is thankful to the media as their criticism has helped the government formulate schemes and take up initiatives to empower the poor.