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Did digital transactions jump 23 times as Niti Aayog claimed?

RBI data shows that digital transactions did not even double in the period as claimed by Niti Aayog

BS Web Team 

"Volume of all digital transactions increased by about 23 times with 63,80,000 digital transactions for a value of Rs 2,425 crore in March 2017, compared to 2,80,000 digital transactions worth Rs 101 crore till November 2016," Niti Aayog said in a statement on April 14.  Did Niti Aayog overstate the gains made? Data from RBI give a lie to Niti Aayog’s assertion. Times of India reported yesterday that data from RBI did not agree with what Niti Aayog claimed.  Niti Aayog is the government’s policy think-tank had released a statement ...

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First Published: Thu, April 20 2017. 12:39 IST
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