Digital Payments Index – UPSC Prelims

  • 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.
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