Tuesday, September 23, 2025
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Tag: RBI

RBI Governor Clarifies UPI Not Truly Free, Highlights Government’s Rs. 8,000 Crore Subsidy

RBI Governor Shaktikanta Das clarified that UPI is not truly free, highlighting that the government has subsidized over ₹8,000 crore to keep it so for users. He praised the Modi government's support for promoting digital payments while underlining the operational costs involved in maintaining UPI’s infrastructure.

Expert Lecture on India’s Monetary Policy Held at Govt. Digvijay College

An enlightening guest lecture on the evolving landscape of India’s monetary policy was organized by the Department of Economics at Govt. Digvijay Autonomous PG College, Rajnandgaon. Under the guidance of Principal Dr. Suchitra Gupta and leadership of Head of Department Dr. Sumita Srivastava, the session featured Dr. Aparna Ghosh from St. Thomas College, Bhilai, who explained key aspects of the monetary system in an accessible manner.