As expected , RBI has operationalised the Payments Infrastructure Development Fund... Excellent initiative by progressive regulator as it’s focused on increasing acceptance infrastructure beyond Tier-3 locations .. GRAMePAY is starting its journey in contributing to less cash society with a focus on building social entrepreneurs ecosystem.
https://economictimes.indiatimes.com/news/economy/finance/rbi-sets-a-rs-345-crore-corpus-for-developing-payment-infrastructure-in-rural-india/articleshow/80120594.cms