PM Modi: e-RUPI to deliver ‘targeted, transparent, leakage-free’ benefits
Launching the digital payments solution e-RUPI on Monday, Prime Minister Narendra Modi said the voucher-based system will “play a huge role in making DBT (direct benefit transfer) more effective in digital transactions in the country and give a new dimension to digital governance”.
“This will help everyone in targeted, transparent and leakage free delivery … e-RUPI is a symbol of how India is progressing by connecting people’s lives with technology,” he said.
The e-RUPI platform, has been developed by the National Payments Corporation of India (NPCI), Department of Financial Services, Ministry of Health and Family Welfare, and the National Health Authority is a cashless and contactless digital payments medium, which will be delivered to mobile phones of beneficiaries in form of an SMS-string or a QR code.