<!– /11440465/Dna_Article_Middle_300x250_BTF –>More than 50 days after announcing his demonetization move, Prime Minister Narendra Modi on Friday launched the mobile app BHIM (Bharat Interface for Money) which he said would enable easier digital transactions for the common man.The app—an updated version of UPI (Unified Payment Interface) and USSD (Unstructured Supplementary Service Data)—can be downloaded from the Android app store.Dedicating the new app to Dr BR Ambedkar, the Prime Minister said that Ambedkar had always worked for the poor. “Very few people know that Dr Bhimrao Ambedkar who gave us the Constitution, was a great economist and had even wrote a thesis on the Indian rupee…RBI was born out of Ambedkar’s thesis,” said Modi, adding that the app will empower small traders, tribals, and farmers.Modi also felicitated winners of the Lucky Grahak Yojana at the DigiDhan Mela in Talkatora stadium. The event saw a crowd of more than 5,000 people and around 65 stalls of banks, e-wallets and private players.The PM said the BHIM app can be used on any phone. “There is no need for Internet connectivity, one only needs a thumb,” said Modi adding, “There was a time when an illiterate was called angutha chaap. Now, the times have changed. Your thumb is your bank now. It has become your identity now.”Taking a dig at the Opposition, Modi said, “Look at the newspapers or video clips from three years ago; the news was all about what we had lost in scams. However, today, it is about what has come back or what is the gain?””Over the 100-day period, several families will be given the prizes. These schemes were launched as a Christmas gift to benefit poor,” Modi said reiterating that the mega draw will take place on April 14, the birth anniversary of Dr Babasaheb Ambedkar.He said that India can once again bring back its past and become the sone ki chidiya (bird of gold) with an increased digital connectivity.”The day was not far off when the cash-based transaction will turn completely digital,” he emphasised. For the first time, India united to remove its own shortcomings, he said.Thanking the media for highlighting digital payment issues, he asked people to at least do five digital transactions from January 1, 2017.Meanwhile, several people attending the event said they are yet to open a bank account.”I don’t have an account. My children withdraw money for me whenever needed. I just wanted to meet Modi to highlight some of my problems,” said Malviya Nagar resident Gulab.The exhibitors, however, said the fair has given a common ground to the visitors to learn and operate on the different modes of digital payment.An exhibitor from the NPCI stall said they have received several enquiries from visitors, especially from the lower middle class strata, keen on operating the Aadhaar-enabled payment system and UPI as ways of digital transactions.”The best part is they could get an instant bank account here at the fair and get started with digital payments,” he said.
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