India, Feb. 16 -- The Government of India has issued a release:
The Department of Financial Services (DFS), Ministry of Finance, released a report titled "Socio-Economic Impact Analysis of the Incentive Scheme for Promotion of RuPay Debit Card and low-value BHIM-UPI (Person-to-Merchant) transactions" during the Chintan Shivir held on 13th-14th February 2026.
The study has been carried out by an independent third-party research agency in consultation with the National Payments Corporation of India (NPCI). The analysis evaluates the effectiveness of the Government's incentive framework in promoting digital payments, strengthening payment infrastructure, and advancing financial inclusion across the country.
The Incentive Scheme was conceptu...