Main points -&nbsp;
<ol>
<li>India's Digital Payment Infrastructure (DPI), comprised of Jan dhan accounts, Aadhaar and mobile phones, has helped the country to achieve an 80% financial inclusion rate in just six years.</li>
<li>Without this initiative, India would achieved the same in 47 years.</li>
<li>Total value of UPI transactions in FY23 amounted to nearly 50% of India's nominal GDP.</li>
<li>A bank's average cost for customer onboarding has decreased from $23 to $0.1, mostly owing to robust digital infrastructure.</li>
<li>DBT program has enabled India to save $33 billion, equivalent to almost 1.14% of its GDP.</li>
<li>25% of adults held transaction accounts in 2008, today it is at 80%.</li>
<li>Due to Pradhan Mantri Jan Dhan Yojana, the number of accounts trippled from 147.2 million in March 2015 to 462 million by June 2022.</li>
<li>56% of the above mentioned accounts are owned by women.</li>
<li>DPIs have also streamlined Know Your Customer (KYC) procedures, leading to cost reductions, with banks utilizing e-KYC witnessing a drop in compliance costs from $0.12 to $0.06.</li>
</ol>

ICYMI - World Bank's report on financial inclusion in India.