Prime Minister Narendra Modi will launch e-RUPI, a cashless and contactless instrument for digital payment tomorrow through video conferencing. Mr Modi has always championed digital initiatives. e-Rupi, a person and purpose specific digital payment solution, is a QR code or SMS string-based e-Voucher, which is delivered to the mobile of the beneficiaries.
eRupi has been developed by National Payments Corporation of India on its UPI platform, in collaboration with the Department of Financial Services, Ministry of Health and Family Welfare and National Health Authority. The users of this seamless one-time payment mechanism will be able to redeem the voucher without a card, digital payments app or internet banking access, at the service provider.
Over the years, several programmes have been launched to ensure that the benefits reach its intended beneficiaries in a targeted and leak-proof manner, with limited touch points between the government and the beneficiary. The concept of electronic voucher takes forward this vision of Good Governance. It is a revolutionary initiative in the direction of ensuring a leak-proof delivery of welfare services.
It can also be used for delivering services under schemes meant for providing drugs and nutritional support under Mother and Child welfare schemes, TB eradication programmes, drugs and diagnostics under schemes like Ayushman Bharat Pradhan Mantri Jan Arogya Yojana and fertilizer subsidies. The private sector can also leverage these digital vouchers as part of their employee welfare and corporate social responsibility programmes.