Digital Transactions
India makes more real-time digital transactions than US, China, Europe combined, says official
New Delhi: India makes more real time digital transactions than US, China and Europe combined, Anurag Jain, Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, said on Tuesday.
“Real development happens when every citizen is able to make choices about what they want to do with their life without worrying about the basic necessities of life,” he said during an interactive session on ‘Inclusion on the Back of Technology: Best Practices’ at the CII Partnership Summit 2023 held in the city.
The Secretary said that in terms of real-time online digital transactions, what India does is more than US, China and Europe put together.
He said that when Prime Minister Narendra Modi talks about the vision for 2047, he is talking about the vision of a developed country, not just from the perspective of per capita income, but a country where all basic needs are met.
“India has a paperless, presence-less, and cashless solution for everything. The public digital infrastructure of India is unique. It is based on open systems, open architecture and open network, which allows everyone to plug in and removes entry barriers,” he added.
(With UNI inputs)
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