Nandan Nilekani Committee

Question 1

Why was Nandan Nilekani committee constituted ?

Answer 1

Digital payments reforms

Question 2

Suggestions given ?

Answer 2

1) Removal of transaction charges
2) Pricing structure of MDR’s
3) Removal of existing 18% import duty on POS for 3yrs
4) Reduce GST on digi payments
5) Reduce overall cost on consumer like KYC
6) Set up Acceptance development fund