Forget PayTM, PM Modi launches government’s ‘BHIM’ mobile app for digital payments

By: |
New Delhi | Updated: Dec 30, 2016 4:44 PM

Prime Minister Narendra Modi today launched a Mobile App 'BHIM' to make digital payments and transactions easier for citizens.

bhim, bhim app, bhim payment app, how to download bhim, how to get bhim app, what is bhim, all about bhim, narendra modi, modi mobile app, digital payment app, modi app, modi digital payment app, new digital payment app, demonetisation, cashless economy, niti aayogPrime Minister Narendra Modi launching the Mobile app ‘BHIM’ for digital payments. (ANI)

Prime Minister Narendra Modi today launched ‘BHIM’ mobile App to make digital payments and transactions easier for citizens. Named after Baba Saheb Bhim Rao Ambedkar, the ‘BHIM’ App can be downloaded from android phones.

On the last day of the 50-day window provided by the government to citizens to exchange or deposit their old currency notes of Rs 500 and Rs 1000 denominations, PM Modi launched the new App at the ‘DigiDhan Mela’ programme at Talkatora Stadium in Delhi.

On the occasion, PM Modi awarded students who have made posters, songs and slogans to spread the message of digital payments to their families, schools. Village level entrepreneurs who have helped their fellow villagers move to digital payments were also awarded by the PM.

“Download it on a smartphone or on a feature phone. It is not necessary to have the internet for this app. In the next two weeks, one more work is being done, which will increase the power of BHIM so much that you would be able to withdraw money even with your fingerprints,” PM Modi said at the event.

The government is organising ‘DigiDhan Mela’ in 100 cities of the country over 100 days to promote digital payments and announce the winners of Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana. Conceptualised by the Niti Aaayog, DigiDhan Melas will take place until March.

Taking a dig at people spreading apprehensions about government’s digital payments push, Modi said there is no dearth of people who live all the time with negativity and unhappiness. “Some people are still not happy. I have no medicine for such people. Let their negativity be welcome to them only,” he said.

Under the Lucky Grahak Yojana programme, 15 000 citizens making digital payments from Rs 50-Rs 3000 can win Rs 1000 daily.

Speaking on the occasion today, Niti Aayog CEO Amitabh Kant said, “It is only a matter of time before the entire country does digital. Even, India’s most tribal districts too have embraced digital payments with great flair.”

“India has shown that digital payments are not only for rich. Even the poorest are eagerly adapting to a less cash society for a clean India,” he added.

Union Minister Ravi Shankar Prasad said that Digital India, Digital Payment, Digi Dhan are part of the government’s campaigns to build a developed India.

Do you know What is Cash Reserve Ratio (CRR), Finance Bill, Fiscal Policy in India, Expenditure Budget, Customs Duty? FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. Also get Live BSE/NSE Stock Prices, latest NAV of Mutual Funds, Best equity funds, Top Gainers, Top Losers on Financial Express. Don’t forget to try our free Income Tax Calculator tool.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Green shoots in economy visible: Finance ministry report
2Consumption picks up in June with pay-later, EMIs as preferred payment modes
3Govt extends curbs on budgetary expenditure, move to help fund the fiscal stimulus