The Unique Identification Authority of India (UIDAI), MeitY, has signed a Memorandum of Understanding with the National Remote Sensing Centre (NRSC), ISRO, Hyderabad.
Extreme poverty in India declined by 12.3 percentage points between 2011 and 2019, with rural areas doing better than urban centres, according to a working paper of the World Bank. The extreme poverty rate in India fell from 22.5% in 2011 to 10.2% in 2019.
NPCI International Payments Ltd (NIPL), the international arm of NPCI, has entered the UAE market by partnering with NeoPay, the payment subsidiary of Mashreq Bank. BHIM UPI service has been made live on NeoPay terminals.