AGP Executive Report
Last update: 9 hours agoUPI at 10 Years: India’s Unified Payments Interface marked its 10th anniversary with transaction volume jumping from 1.78 crore in FY2016-17 to 24,162 crore in FY2025-26, and transaction value rising to about Rs 314 lakh crore—over 4,000 times—showing how real-time digital payments have become everyday business and consumer infrastructure. Consumer Protection: Bhutan’s Competition and Consumer Affairs Authority recovered Nu. 2.789 million for aggrieved consumers as complaints rose, with Thimphu accounting for most cases and refund denials topping unfair trade practices. Industrial Parks Watch: A study on Bhutan’s industrial parks flags cost-recovery and operations problems—idle plots, delayed starts, rising costs and late lease payments—pushing for stronger lease enforcement, diversified revenue and more private participation. Meat Market Competition: Thimphu’s meat shops are seeing more price variation after CCAA action against uniform pricing, suggesting vendors are setting prices independently. Roads & Waste Plastic: DANTAK and The Green Road signed an MoU to use processed waste plastic in road resurfacing on the Phuentsholing–Thimphu highway, targeting 6.5 km within 90 days. Healthcare Link: An India-led medical value travel delegation explored expanding Bhutan’s medical referral network, with a prospect of 10 more Indian hospitals joining. Connectivity for Lunana: Construction of a 15-km road stretch toward Lunana began, aiming to cut the current five-day trek for essential goods by about a day. Craft Sector Pressure: A CCAA study says Bhutan’s craft retail faces import pressure, weak quality certification and tourism dependence, urging better quality assurance and transparency. Quantum-Safe Finance Pilot: Regulators including Bhutan’s Gelephu Financial Services Office joined a pilot testing quantum-resistant crypto wallets and transfers on a NEAR testnet.
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