What’s in the news? Digital Public Infrastructure (DPI) has had a transformative impact on India, extending far beyond inclusive finance. The G20 Global Partnership for Financial Inclusion document prepared by the World Bank has lauded transformative impact of DPIs in …
About NPCI The National Payments Corporation of India (NPCI) was incorporated in 2008 as an umbrella organization for operating retail payments and settlement systems in India. It is an initiative of the RBI and Indian Banks’ Association (IBA) under the …
Introduction The Economic Survey 2015-16 showed that in several price subsidies that governments offer, rich households benefit more from the subsidies than do poor households and distortions are created in the market that ultimately hurt the poor the most. Further, …
What’s in the news? Reserve Bank of India (RBI) has launched the Mission ‘Har Payment Digital’ on the occasion of Digital Payments Awareness Week (DPAW) 2023. This is part of RBI’s endeavour to make every person in India a user …