A- A A+
Last Updated : Aug 23 2019 11:11PM     Screen Reader Access
News Highlights
Government announces a slew of measures to achieve higher economic growth            India is moving fast on the path of development: PM            Government has enough stock of pulses and oilseeds: Paswan            WCD Ministry sets target to connect 44 cr people through Poshan Abhiyaan to tackle malnutrition            Badminton: P.V. Sindhu and Sai Praneeth enter semifinals of BWF World Championships in Switzerland           

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 23 (Aug) Midday News 23 (Aug) News at Nine 23 (Aug) Hourly 23 (Aug) (2300hrs)
समाचार प्रभात 23 (Aug) दोपहर समाचार 23 (Aug) समाचार संध्या 23 (Aug) प्रति घंटा समाचार 23 (Aug) (2305hrs)
Khabarnama (Mor) 23 (Aug) Khabrein(Day) 23 (Aug) Khabrein(Eve) 23 (Aug)
Aaj Savere 23 (Aug) Parikrama 23 (Aug)

Listen Programs

Market Mantra 23 (Aug) Samayki 23 (Aug) Sports Scan 23 (Aug) Spotlight/News Analysis 23 (Aug) Samachar Darshan 23 (Aug) Radio Newsreel 22 (Aug)
    Public Speak

    Country wide 22 (Aug) Surkhiyon Mein 22 (Aug) Charcha Ka Vishai Ha 21 (Aug) Vaad-Samvaad 20 (Aug) Money Talk 20 (Aug) Current Affairs 23 (Aug)