Nilekani’s Way Forward
Some recommendations of the RBI-appointed Nandan Nilekani committee on digital payments:
- No-KYC wallets with a maximum value of Rs 2,000 and monthly spending capped at Rs 10,000
- Digital payments by citizens to all government and public sector agencies
- Removal of all charges on digital payment transactions
- Extension of RuPay and BHIM UPI overseas to facilitate easy remittance
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