Discover and read the best of Twitter Threads about #eRUPI

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What is #eRUPI?

eRUPI is a gamechanger by @narendramodi,showing his commitment to last mile delivery with zero tolerance for corruption

#eRUPI is a non-cash&contactless tool for digital payments;It acts as a voucher,based on QR code or SMS &is sent to beneficiary’s mobile phone
#MudraBank #eRUPI digitally connects service initiators with beneficiaries,sans physical interface

It also ensures payment is made to service provider only after transaction is completed

eRUPI is prepaid in nature,with timely payment to service provider without any intermediary
eRUPI’s single payment mechanism will allow users to redeem coupons at service providers without a card, digital payment application,or access to online banking

#eRUPI is developed by National Payments Corporation of India, #NPCI,on its UPI platform&will enhance #Digitisation💪
Read 5 tweets
पंतप्रधान @narendramodi यांच्या हस्ते, आज 2 ऑगस्ट रोजी दूर दृश्य प्रणालीच्या माध्यमातून ई-रूपी या व्यक्तिगत आणि उद्देश निश्चित डिजिटल पेमेंट सुविधेचे उद्घाटन होणार

⏲️ 4.30 वाजता

@DFS_India

🎥
📡थेट पहा📡

पंतप्रधान @narendramodi यांच्या हस्ते डिजिटल पेमेंट सुविधा –ई रूपी चे उद्घाटन

#eRUPI

🎥twitter.com/i/broadcasts/1…
#eRUPI ही रोख आणि संपर्क विरहीत डिजिटल पेमेंट सुविधा आहे

ही कयूआर कोड किंवा लघु संदेश सेवा आधारित ई-पावती, जी लाभार्थ्याच्या मोबाईलवर पाठवली जाते

@DFS_India @MoHFW_INDIA @NPCI_NPCI
Read 8 tweets
#eRUPI #UPI Vouchers for benefits is a radical departure from #DBT. Purpose and person aware #G2P payments are here. #SaveOurPrivacy
en.m.wikipedia.org/wiki/Ration_st… is digitized food stamps, but crucial digitization difference is it converts a bearer instrument like stamp / coupon into a person / purpose specific instrument, embedding automatic data emission about beneficiary upon use.
The naming of this is curious. When countries around the world are discussing #CBDC / issuing new digital currency, naming a private payment instrument #eRUPI is sign of things to come (?). One can only speculate at the moment.
Read 17 tweets
8.9% YoY #CoreSector growth in June 2021,rise in Exports by 48.34% in June,with #ServicesExports rising from $17bn in 2001 to $205 bn in 2021,under @narendramodi govt,V shaped recovery,is gaining traction

India's IT sector recruited 69132 people in 1QFY22

My thread on #Economy
Almost every month,over 2.5 billion transactions are done in India,via #UPI,worth Rs 5 lakh Cr+

#eRUPI,developed by NPCI under aegis of @narendramodi govt,will now add to #DigitalTransformation

#DigitalEconomy set to be a Trillion Dollar one,by 2025-26,thx to cashless payments Image
#GST Revenue at 1.16 lakh Cr in July'21 bodes well

Since Oct 2020,#GSTRevenue has been over Rs 1 lakh Cr every single month,barring June,when it dipped to 92849Cr

Biggest drop in contribution is from #Maharashtra,due to continued uptrend in #Covid,thx to inept @CMOMaharashtra👎
Read 6 tweets

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