RuPay, UPI Technologies Reflect India's Identity In The World: PM Modi

Prime Minister Narendra Modi today said RuPay and UPI technologies are India's identity in the world.

Prime Minister Narendra Modi todaysaid RuPay and UPI technologies are India's identity in the world.

"In the era of 'Industry 4.0', platforms developed by India are becoming models for the world," PM Modi said while addressing a post-Budget webinar on the subject of 'Enhancing Efficiency of the Financial Services for Creating Growth Opportunities'.

This was the tenth of the series of 12 webinars being organised by the government. The objective behind hosting the webinars is to seek ideas and suggestions for the effective implementation of the initiatives announced in the Union Budget 2023.

"RuPay and UPI are not just low cost and highly secure technologies, but it is our identity in the world. There is immense scope for innovation. UPI should become a means of financial inclusion and empowerment for the whole world, we have to collectively work for it. I suggest that our financial institutions should also have a maximum partnership with fintech to increase their reach," PM Modi said.