{"id":106425,"date":"2025-04-23T18:00:02","date_gmt":"2025-04-23T12:30:02","guid":{"rendered":"https:\/\/vanillanews.com\/index.php\/2025\/04\/23\/indian-government-launches-e-rupi-digital-payment-platform-for-targeted-welfare-schemes\/"},"modified":"2025-04-23T18:00:02","modified_gmt":"2025-04-23T12:30:02","slug":"indian-government-launches-e-rupi-digital-payment-platform-for-targeted-welfare-schemes","status":"publish","type":"post","link":"https:\/\/vanillanews.com\/index.php\/2025\/04\/23\/indian-government-launches-e-rupi-digital-payment-platform-for-targeted-welfare-schemes\/","title":{"rendered":"&#8220;Indian government launches e-RUPI digital payment platform for targeted welfare schemes&#8221;"},"content":{"rendered":"<p>In a significant development in the Indian economy, the Reserve Bank of India (RBI) has announced a reduction in the repo rate by 25 basis points. The repo rate now stands at 5.75%, a move that is likely to stimulate growth in various sectors. This decision aims to make borrowing cheaper for businesses and individuals, encouraging spending and investment. The RBI&#8217;s move comes in the wake of slowing economic growth and subdued inflation. The reduction in the repo rate is expected to have a positive impact on sectors such as real estate, automobile, and consumer goods. This news has been welcomed by industry experts and stakeholders who believe that it will provide a much-needed boost to the economy. The RBI has also revised the GDP growth forecast for the current fiscal year to 7%, down from the earlier projection of 7.2%. This decision is in line with the government&#8217;s efforts to revive economic growth and create a favorable environment for businesses. With the repo rate cut, the RBI aims to address liquidity concerns and support credit flow in the economy. The central bank&#8217;s move is likely to have a ripple effect on interest rates for loans and deposits, impacting the overall financial landscape in the country. As India strives to maintain its position as one of the fastest-growing major economies in the world, the RBI&#8217;s decision to reduce the repo rate is seen as a step in the right direction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a significant development in the Indian economy, the Reserve Bank of India (RBI) has announced a reduction in the repo rate by 25 basis points. The repo rate now stands at 5.75%, a move that is likely to stimulate growth in various sectors. This decision aims to make borrowing cheaper for businesses and individuals, [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":106426,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[25],"tags":[],"aioseo_notices":[],"featured_image_urls":{"full":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-119544545imgsize-925870-464.jpg",1280,720,false],"thumbnail":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-119544545imgsize-925870-464-150x150.jpg",150,150,true],"medium":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-119544545imgsize-925870-464-300x169.jpg",300,169,true],"medium_large":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-119544545imgsize-925870-464-768x432.jpg",640,360,true],"large":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-119544545imgsize-925870-464-1024x576.jpg",640,360,true],"1536x1536":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-119544545imgsize-925870-464.jpg",1280,720,false],"2048x2048":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-119544545imgsize-925870-464.jpg",1280,720,false]},"author_info":{"display_name":"","author_link":"https:\/\/vanillanews.com\/index.php\/author\/"},"category_info":"<a href=\"https:\/\/vanillanews.com\/index.php\/category\/just-in\/\" rel=\"category tag\">JUST IN<\/a>","tag_info":"JUST IN","comment_count":"0","_links":{"self":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/106425"}],"collection":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/comments?post=106425"}],"version-history":[{"count":0,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/106425\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media\/106426"}],"wp:attachment":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media?parent=106425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/categories?post=106425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/tags?post=106425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}