Union Budget: PMAY holds key to affordable housing for millions

IANS | January 28, 2025 12:16 PM

New Delhi, Jan 28 (IANS) The Pradhan Mantri Awas Yojana (PMAY-Urban) has made steady progress since it was announced in mid-2015 in providing affordable housing and going forward, adaptable, sustainable and low-cost construction technologies can be used to rapidly develop large mass housing projects, according to a report on Tuesday.

UPI's share in India’s digital payments surged to 83pc: RBI report

IANS | January 28, 2025 11:47 AM

Mumbai, Jan 28 (IANS) The share of the Unified Payments Interface (UPI) in India’s digital payments has surged from 34 per cent in 2019 to an impressive 83 per cent in 2024, with a remarkable CAGR (cumulative average growth rate) of 74 per cent over the last five years, according the RBI’s payment system report.

Retail digital payments in India witness 100-fold jump in 12 years

IANS | January 28, 2025 10:29 AM

New Delhi, Jan 28 (IANS) Retail digital payments in India have grown from 162 crore transactions in the financial year 2012-13 to over 16,416 crore transactions in the financial year 2023-24 —- approximately 100-fold increase over 12 years, a new RBI report has revealed.