Greater Hyderabad Municipal Corporation (GHMC) sets a new trend to become first government organization to announce cash awards.
To encourage cashless transaction, GHMC announces cash awards top those who make payments online. GHMC announced cash awards worth Rs 5 lakhs provided by State Bank of Hyderabad on December 12 to those who pay their dues online. The response to the announcement is overwhelming , online payments increased from 12 to 30 percent.
After Demonetization, GHMC collected whopping Rs. 250 crore accepting Rs 500 and Rs 1000 currency notes .