Last Updated : Feb 20 2019 4:39PM     Screen Reader Access
News Highlights
Saudi crown prince backs India's fight against terrorism            Defence Minister invites investments in aerospace            Robert Vadra questioned again by ED in money laundering case            SC holds Anil Ambani guilty of contempt            Operation Digital Board launched to provide better digital education           

National News

Aug 01, 2018
7:58AM

Digital payments market in India set to touch one trillion dollar in next 5 years: Niti Aayog

Niti Aayog has said that the digital payments market in India is set to become a trillion-dollar industry in the next five years. It will be led by growth in mobile payments which are slated to rise to 190 billion dollars by 2023 from 10 billion dollars in 2017-18, the Aayog said in a report.

Releasing the report in New Delhi yesterday, Principal Adviser to Niti Aayog Ratan P Watal said, this will present huge business opportunities for players in the digital space. He said, the growth in digital payment gained momentum in both volume and value terms after demonetisation. 


Mr Wattal said, proposed changes in the regulatory framework, entry of global giants and the advancement of technology will drive the future growth of digital payments in the country. 


He said the Goods and Services Tax (GST) regime, rolled out in July last year, will have huge impact on digital payments as it matures.

Live Twitter Feed

Listen News

Morning News 20 (Feb) Midday News 20 (Feb) News at Nine 19 (Feb) Hourly 20 (Feb) (1600hrs)
समाचार प्रभात 20 (Feb) दोपहर समाचार 20 (Feb) समाचार संध्या 19 (Feb) प्रति घंटा समाचार 20 (Feb) (1305hrs)
Khabarnama (Mor) 20 (Feb) Khabrein(Day) 20 (Feb) Khabrein(Eve) 19 (Feb)
Aaj Savere 20 (Feb) Parikrama 19 (Feb) Lok Ruchi Samachar 17 (Feb)

Listen Programs

Market Mantra 19 (Feb) Samayki 19 (Feb) Sports Scan 19 (Feb) Spotlight/News Analysis 19 (Feb)
    Public Speak

    Country wide 14 (Feb) Surkhiyon Mein 14 (Feb) Charcha Ka Vishai Ha 13 (Feb) Vaad-Samvaad 19 (Feb) Money Talk 19 (Feb) Current Affairs 8 (Feb)