Digital payment incentives boost adoption through prize linked schemes for card, UPI, USSD and AePS users.
NITI Aayog launched prize linked incentive schemes - Lucky Grahak Yojana for consumers and Digi Dhan Vyapar Yojana for merchants - running until April 14, 2017, with eligibility for transactions made via RuPay, BHIM/UPI, USSD *99# and AePS; the schemes award daily and weekly winners to promote merchant acceptance, consumer adoption and increased use of digital payment channels.

Money laundering probe under PMLA results in arrests and judicial production of businessmen for custodial proceedings.
Action under the Prevention of Money Laundering Act led to arrests of two businessmen accused of channeling funds through a bank branch to foreign locations using suspected shell companies; they were to be produced for custody. The investigation is characterized as trade based money laundering, alleging customs duty and tax evasion to generate illicit funds, and runs alongside a parallel criminal and anti corruption inquiry that has resulted in prior arrests of bank officials.

Goods and Services Tax unification aims to end tax cascading and increase transparency, easing interregional goods movement.
The Government will prioritise accelerated infrastructure and rural development, including roads, village electrification, airports, rail modernisation and rural schemes. The Goods and Services Tax Act is presented as the major indirect tax reform to unify central and state levies, reduce tax cascading, curb evasion, enhance transparency and enable seamless interregional movement of goods. The statement also highlights openness to foreign direct investment, the integration effects of recent demonetization on formalisation and digitisation, and notes macroeconomic challenges such as oil price uncertainty, weak global growth and non performing assets.

Insolvency reform strengthens time bound resolution and institutional mechanisms to enhance investor confidence in financial and corporate investments.
The address presents reforms to enhance investor confidence by strengthening insolvency resolution through the Insolvency and Bankruptcy Code, 2016 with time bound processes and institutional pillars, and by proposing a Financial Resolution and Deposit Insurance framework creating a Resolution Corporation, classifying financial service providers by viability risk and consolidating deposit insurance. It highlights faster recovery via DRT/SARFAESI amendments, expanded avenues for debenture holders, liberalised external commercial borrowings and FDI policy changes that simplify conditionalities, aggregate direct and portfolio inflows for sectoral caps, and measures to ease doing business while flagging risks from multilayered cross border structures and BEPS.