In order to strengthen the culture of cashless transaction the Ministry of Agriculture and Farmers Welfare has taken several decisions including giving monetary awards.
It was decided in the meeting of higher officers of DARE and ICAR in Ministry of Agriculture and Farmers Welfare that awards will be given to the Institutes, KVKs, Universities for cashless transactions under specific time limits.
Ministry has decided that award of Rs. 5 lakh meant for ICAR and a sum of Rs. 1 lakh to KVK will be given for achieving 100% cashless in a week.
Similarly, ICAR will be bestowed upon Rs. 3 lakh and KVK Rs. 50,000 in the form of incentives on achieving 100% cashless within two weeks and similarly for cashless within a span of 3 weeks, ICAR will be awarded Rs. 2 lakh and KVK Rs. 25,000 as prize.