{"id":915504,"date":"2025-03-20T08:14:46","date_gmt":"2025-03-20T02:44:46","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=915504"},"modified":"2025-03-20T08:34:09","modified_gmt":"2025-03-20T03:04:09","slug":"govt-clears-%e2%82%b91500-cr-scheme-to-boost-low-value-bhim-upi-transactions","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/03\/20\/govt-clears-%e2%82%b91500-cr-scheme-to-boost-low-value-bhim-upi-transactions\/","title":{"rendered":"Govt clears \u20b91,500 cr scheme to boost low-value BHIM-UPI transactions"},"content":{"rendered":"<p>The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved an incentive scheme for the promotion of low-value BHIM-UPI transactions (person to merchant &#8211; P2M) for financial year 2024-25, with an estimated outlay of \u20b91,500 crore. <\/p>\n<p>Under the scheme, incentives will be provided for UPI transactions up to \u20b92,000, specifically benefitting small merchants. The government aims to increase digital payments penetration while minimising financial burden on merchants and consumers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved an incentive scheme for the promotion of low-value BHIM-UPI transactions (person to merchant &#8211; P2M) for financial year 2024-25, with an estimated outlay of \u20b91,500 crore. Under the scheme, incentives will be provided for UPI transactions up to \u20b92,000, specifically benefitting small merchants. The government aims to increase digital payments penetration while minimising financial burden on merchants and consumers.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-915504","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/915504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=915504"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/915504\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=915504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=915504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=915504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}