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DIGITAL PAYMENTS BOOK part1 - NITI Aayog

DIGITAL PAYMENTST rends, Issues And OpportunitiesJuly 2018A Committee on DIGITAL PAYMENTS was constituted by Department of Economic Affairs, Ministry of Finance in August 2016 under my Chairmanship to inter-alia recommend medium term measures of promotion of DIGITAL PAYMENTS Ecosystem in the country. The Committee submitted its final report to Hon ble Finance Minister in December 2016. One of the key recommendations of the Committee related to development of a metric for DIGITAL PAYMENTS . As a follow-up on this a group of Stakeholders from Different Departments of Government of India and RBI was constituted in NITI Aayog under my chairmanship to facilitate the work relating to development of the metric.

The booklet tracks the growth trends in digital payments from 2011-12 up to 2017-18. The novel feature of this booklet is that it deals with policy initiatives, global trends and the opportunities in this space 3. Summary Trends (2017-18) Digital Payments have registered robust growth in 2017-18 both in volume and value terms

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  Trends, Digital, Trends in digital

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