India has witnessed unprecedented digital revolution in past 11 years: JP Nadda
— JPNadda (@JPNadda)
Live Events
(You can now subscribe to our
(You can now subscribe to our Economic Times WhatsApp channel
Union Minister and Bhartiya Janata Party (BJP) President JP Nadda on Thursday highlighted India's "unprecedented" digital revolution in the last 11 years, adding that the transformation has bridged the digital divide and ensured that technology reaches every citizen.In a post on X, Nadda said that governance is more transparent and efficient under Prime Minister Narendra Modi."Over the past 11 years, India has witnessed an unprecedented digital revolution under the visionary leadership of Hon'ble Prime Minister Shri @narendramodi ji. This transformation has not only connected millions but also bridged the digital divide, ensuring that technology reaches every citizen," Nadda said."Today, governance is more transparent and efficient than ever before. Major government schemes are integrated with real-time digital dashboards, promoting transparency and delivering direct benefits to citizens," he added.He mentioned that central schemes such as UPI, DigiLocker, Ayushman Bharat Digital Mission, U-WIN, CoWIN and e-Sanjeevhave empowered millions."Innovations like UPI, DigiLocker, Ayushman Bharat Digital Mission, U-WIN, CoWIN and e-Sanjeevani are not just digital platforms; they have empowered millions. "Let's celebrate this Digital India journey as it paves the way towards a Viksit Bharat @2047," he said on X.Earlier in the day, Prime Minister Narendra Modi hailed India's digital and technological progress, stating that the country is making remarkable progress in the innovation and application of technology.The Prime Minister highlighted that the digital progress is also strengthening the country's efforts towards becoming self-reliant in the technology sector.Taking to his X social media platform, PM Modi shared a post by MyGovIndia, which talks about how India could become the next technology powerhouse of the world and the steps taken by the Union Government in the past 11 years in the sector."Powered by the youth of India, we are making remarkable progress in the innovation and application of technology. "It is also strengthening our efforts to become self-reliant and a global tech powerhouse," PM Modi said.India has recorded a surge of 2500 times in the volume of UPI transactions, with data showing that UPI transactions, which were at 0.93 crore in April 2017 increased to 1867.70 crore by April 2025.India is also leading the digital payment revolution , wherein more than Rs 260 lakh crore transactions have been processed with Rs 18,600 crore transactions annually.UPI's acceptance in the world has also increased and it is live in seven countries, including the UAE, Singapore, Nepal, France, Mauritius, Bhutan and Sri Lanka.India also stands as the world's cheapest mobile data provider, with more than 94 crore broadband connections and more than 120 crore telephone subscribers.A total of 2.18 lakh gram panchayats have been connected through optical fibre networks under the Bharat Net scheme and 6.92 lakh km of fibre cable has been laid.The Union Government has also showcased interest in Artificial Intelligence with three AI Centres of Excellence to be set up in top educational institutions. India is also working on the development of AI models such as BharatGen, Sarvam-1, Chitralekha and Hanooman's Everest 1.0.On June 10, Prime Minister Modi shared an article on the government's commitment to advancing India's digital connectivity over the past 11 years.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
43 minutes ago
- Time of India
Donald Trump urges Iran to make a deal after Israeli attacks
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel U.S. President Donald Trump urged Iran on Friday to make a deal on its nuclear program before it faced more attacks from Israel that he said would be "even more brutal.""There has already been great death and destruction, but there is still time to make this slaughter, with the next already planned attacks being even more brutal, come to an end," Trump said in a post on his social media platform."Iran must make a deal, before there is nothing left."Israel launched an array of strikes against dozens of Iranian targets on Friday, hitting nuclear facilities, ballistic missile factories and military commanders during the start of an operation to prevent Tehran from building a nuclear said it had struck Iranian nuclear targets to block Tehran from developing atomic weapons, even as the Trump administration was preparing to hold a sixth round of talks on Sunday on Tehran's escalating uranium enrichment said Friday he had given Tehran a 60-day ultimatum, which expired on Thursday, to make a deal. He encouraged Tehran to take advantage of a "second chance."Amid his push for diplomacy, the U.S. president praised Israel's attacks in brief telephone interviews with television outlets early Friday."I think it's been excellent," Trump told ABC News in an interview. "And there's more to come. A lot more."Trump told CNN that "The people I was dealing with are dead, the hardliners."Trump is scheduled to attend a security meeting at the White House at 11 a.m.
Time of India
44 minutes ago
- Time of India
Sebi urges use of CeFCoM for secure fee payments to registered advisors, research analysts
Markets regulator Sebi on Thursday encouraged investors to pay fees to their investment advisers (IAs) and research analysts (RAs) through CeFCoM, a secure and transparent payment system. According to Sebi, CeFCoM is an optional mechanism. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Top 25 Most Beautiful Women In The World Articles Vally Undo The Centralized Fee Collection Mechanism for Investment Advisers and Research Analysts (CeFCoM) is a secure and transparent payment ecosystem developed to ensure that investors pay fees only to registered investment advisers and research analysts, Sebi said in a statement. CeFCoM serves as a payment platform that distinguishes registered IAs and RAs from unregistered entities operating under the same titles. This helps investors verify the legitimacy of the service providers they engage with. Operational since October 1, 2024, CeFCoM is managed by BSE Ltd in collaboration with MF Utilities India Pvt Ltd. Live Events The system supports multiple payment modes, including net banking, debit card, UPI/UPI autopay, IMPS/NEFT/RTGS, eNACH, and even cheque and credit cards. As of June 10, 2025, investors have paid over Rs 5 crore in fees through CeFCoM.
&w=3840&q=100)
Business Standard
an hour ago
- Business Standard
Ujjivan Rewardz: Earn points for UPI, bill pay, debit spends & more
Ujjivan Rewardz lets you earn points for everyday banking, UPI, bill payments, debit card use and more, with rewards redeemable for shopping, travel, and recharges. Ujjiwan sfb New Delhi Ujjivan Small Finance Bank (SFB) has rolled out Ujjivan Rewardz, a loyalty programme that rewards customers with points for everyday banking transactions such as UPI payments, bill payments, fund transfers, and debit card usage. According to the bank, the programme aims to encourage customers to adopt digital banking while adding value to routine financial activities. Points for regular transactions According to the details available on the bank's website, customers can earn reward points in multiple ways: Opening a savings account: Users can earn up to 800 points depending on the account type. For instance, the Maxima Savings account fetches the highest reward. Bill payments and loan repayments: Bill payments made through Ujjivan's mobile banking, net banking, or Hello Ujjivan app are eligible for rewards. Customers can earn up to 25 points for large-value payments. Registering for digital services: Signing up for services like internet banking, WhatsApp banking, mobile banking, or Hello Ujjivan earns 20 points each. Spending via debit card: Customers earn one point for every Rs 100 spent using their RuPay debit card. Similarly, one point is awarded for every Rs 2,500 transferred via UPI or other fund transfer methods like NEFT and IMPS. Each reward point is valued at Rs 0.25, which means 4,000 points are equivalent to Rs 1,000 in redeemable value. How to redeem According to the bank, customers can redeem points once they accumulate at least 4,000 points. Redemption is done through a dedicated rewards portal, where users can choose from vouchers for shopping, entertainment, travel, and mobile recharge. Points remain valid for two years from the date of earning, giving customers flexibility to accumulate and use them at their convenience. Why it matters According to Ujjivan SFB, this initiative is designed to build stronger digital engagement, promote cashless banking, and reward loyal customers for everyday financial behaviour. The bank has partnered with to power the programme and offer personalised experiences and rewards based on customer behaviour. Bottom line Ujjivan Rewardz turns routine banking into a rewarding experience. Whether you're opening an account, paying bills, or simply using your debit card, each transaction now brings you closer to real financial benefits. For digitally inclined savers, this could be a small but meaningful incentive to stay loyal and stay digital.
