-
DPI has been developed by RBI.
-
The RBI-DPI comprises five broad parameters:
-
Payment Enablers
-
Payment Infrastructure
-
Demand-side factors and Supply-side factors
-
Payment Performance
-
Consumer Centricity.
-
-
The index has been constructed to capture the extent of digitisation of payments across the country.
-
It has been constructed with March 2018 as the base period.
-
The DPI for March 2019 and March 2020 work out to 153.47 and 207.84 respectively.
-
This indicates appreciable growth.