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Committee of Chief Ministers to examine and implement measures to implement digital payment systems

News and Press Release - Dated:- 30-11-2016 - NITI Aayog has constituted a Committee of Chief Ministers representing different political parties to examine and promote the use of digital payment systems across the country. The move is in line with the Government s thinking to promote transparency, financial inclusion and a healthy financial ecosystem nationwide and to give a boost to the adoption of digital payments systems by people at the grass root levels and small businesses. The Committee w .....

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Devendra Fadnavis, Hon ble Chief Minister of Maharashtra Member (vii) Shri Arvind Panagariya, Vice- Chairman, NITI Aayog Member (viii) Shri Amitabh Kant, CEO, NITI Aayog Member Secretary (ix) Shri Nandan Nilekani, former Chairman, UIDAI Special invitee (x) Shri Janmejaya Sinha, Chairman, Boston Consulting Group Special invitee (xi) Shri Rajesh Jain, Managing Director, netCORE Special invitee (xii) Shri Sharad Sharma, Co-founder, iSPIRIT Special invitee (xiii) Dr. Jayant Varma, Professor (Financ .....

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ernet banking, Unified Payments Interface (UPI), banking apps etc. and shall broadly indicate the road map to be implemented in one year; (iii) It shall evolve an action plan to reach out to the public at large with the objective to create awareness and help them understand the benefits of such a switchover to digital economy; (iv) It shall prepare a roadmap for the administrative machineries in the States to facilitate adoption of digital modes of financial transactions; (v) Identify and addres .....

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