Elaborate on the success of NPCI in transforming the retail digital payments in India. Do you think that making it the for-profit company would help it make more competitive? 10 marks

Mentor’s comment-
  • https://www.thehindu.com/opinion/lead/potholes-on-the-digital-payment-superhighway/article32911746.ece
  • In the intro, give a brief description of NPCI.
  • In the body, with some figures give the rising adoption of digital mode of payment and next describe how NPCI has contributed to it through various innovative instruments. In the next part, discuss the issues with making it for-profit company and problems.
  • Conclude by mentioning the important role NPCI has been playing in the transformation of retail digital payment landscape of the country.
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Dakshina Moorthy
Dakshina Moorthy
1 year ago

Please check

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Samiksha Tiwari
Samiksha Tiwari
1 year ago