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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

Niti Aayog
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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 highlighting the growth in digital