Data excerpts from @RBI Guv speech re: Financial Inclusion on July 15, 2021
the number of Prepaid Payment Instruments (PPI) increased at a compounded annual growth rate (CAGR) of 53 per cent
from 41 crore in May 2017 to 226 crore in May 2021
1/n
each day on an average during June 2021, the payment systems in India processed more than
15 crore transactions amounting to nearly ₹4.5 lakh crore per day
UPI has witnessed over 280 crore transactions in June 2021
2/n
Jul 11, 2020 • 17 tweets • 6 min read
Positives: banking, telecom, remittances etc - things that have been put in place for several decades have worked through COVID
- Vijay Mahajan (VM) #SubKSamwad
Areas of concern - from i-card.org data:
Mar 8, 2020 • 23 tweets • 3 min read
Thread of ideas, observations, and assertions from #InServiceOfTheRepublic by Vijay Kelkar and Ajay Shah. (Roughly the first third of the book) #SundayMotivation
Building the republic is about creating ethical control systems that contain and channel state violence for the common good.