Question
What is the total outlay approved by the Union Cabinet
for the Incentive Scheme for BHIM-UPI (P2M) transactions for FY 2024–25?Solution
The Union Cabinet has approved an incentive scheme for BHIM-UPI (P2M) transactions with an outlay of ₹1,500 crore for FY 2024–25, aimed at promoting digital transactions for small-value payments.
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