In what should have been a major story that was buried under other headlines, India achieved a significant milestone in its Digital India programme when 100,000-gram panchayats, or village councils, across the country were connected through a high-speed optical fibre network called BharatNet.
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We envisage a barrier-free tolling system
NPCI falls into the category of financial market infrastructure. Our infrastructure is not visible to the naked eye. The financial market infrastructure, however, is huge. Within this, NPCI plays the role of a payments utility. We are like a utility to the banks wherein we facilitate over 25 million payments transactions daily.