"More than 43.3 crore digital transactions in India every month", says FM Nirmala Sitharaman
Finance Minister Sitharaman said "The Production Linked Incentive (PLI) schemes have incentivised the industries to invest in thorium, solar energy and green hydrogen sector.
Finance Minister Nirmala Sitharaman on Tuesday lauded the strong digital public infrastructure and access that has been given to all which has brought India to the forefront of digital transactions. Speaking at Viksit Bharat 2047 Ambassador Campus Dialogue at Pallavaram, the Finance Minister said that in India 43.3 crore transactions are being done every month through digital payment without any charge.
"The country is becoming a hub of digital infrastructure. Digital public infrastructure has been designed in such a manner that it involves the seller, the buyer and the payment system. 43.3 crore transactions are being conducted digitally per month," she said. Speaking at the event, the FM highlighted that today India is producing mobile phones not only for domestic consumption but also for exporting to other countries, and all this happened because of the efforts of the current Indian govt.
Finance Minister Sitharaman said "The Production Linked Incentive (PLI) schemes have incentivised the industries to invest in thorium, solar energy and green hydrogen sector. India has also joined hand with other countries to make progress in the renewable energy sector and in the coming future India will become a leader in the renewable energy sector." Highlighting the achievements of the start-ups in India Sitharaman says that now the start-ups are coming to the space sector also, the government has opened the space sector for private investment and the Indian government is giving opportunities and assistance to the new players. In the interim budget, the government has also allocated 1 lac cr rupees for science and research which will give further boost to the emerging start-ups in India.
Sitharaman highlighted the indicators of the Viksit Bharat. She said that better infrastructure, modern schools and hospitals are the key indicators of Viksit Bharat. The FM said the focus of the Modi Government is to achieve Viksit Bharat goal through the development of infrastructure.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
RCB vs CSK IPL 2024 Ticket Booking Online: Where and how to buy RCB vs CSK tickets online - Check IPL Match 68 ticket price, other details
SIP Returns: How Rs 3,000, 5,000, and Rs 10,000 SIPs can help you build retirement corpus of Rs 1.06 cr, Rs 1.77 cr, and Rs 3.53 cr
Go Digit IPO: Should you subscribe Virat Kohli, Anushka Sharma-backed issue? Here's what Anil Singhvi suggests
Women loco pilots speak about their struggle; many men have to be informed even for 'washroom break' in a moving train
Bandhan Bank Q4 FY24 Results Preview: PAT, interest income likely to grow in almost double digits; asset quality may improve
Gold and Silver rate today (May 16, 2024): Yellow metal futures subdued; white metal hits record high breaches Rs 87,000 mark
06:46 PM IST