Connect with us

Trending

PM Modi calls for ‘fintech revolution’ based on inclusiveness and trust

Published

on

PM Modi calls for ‘fintech revolution’ based on inclusiveness and trust

Prime Minister Narendra Modi called for a “financial technology revolution” on Friday to realize the financial empowerment of every citizen, saying that the country has made significant progress in this regard because of people’s trust in India’s digital ecosystem.

“Inclusive finance is the driving force of the fintech revolution,” Prime Minister Modi said, adding that fintech relies on the four pillars of income, investment, insurance and institutional credit.

He made the above remarks while speaking in a virtual manner at the InFinity Forum of the International Financial Services Center Authority (IFSCA) financial technology event.

Advertisement

He said that when income grows, investment becomes possible, adding that insurance coverage can improve risk-bearing capacity and investment. Modi also said that institutional credit provides wings for expansion, and India has made efforts in each of these pillars.

The Prime Minister of India pointed out that the success of financial technology lies in its inclusiveness and common interests. “The huge foundation becomes the perfect springboard for fintech innovation. India’s fintech industry is innovating to increase everyone’s access to financing and a formal credit system in the country,” he said. “Now, it’s time to turn these fintech initiatives into a fintech revolution. A revolution that will help realize the financial empowerment of every citizen of the country,” Modi said.

He cited several initiatives his government has taken to empower people through financial technology. In the past seven years, India has almost universalized banking, with 430 million Jan Dhan accounts. He said that so far, 690 million RuPay cards have been issued, 1.3 billion transactions were completed last year, and the unified payment interface (UPI) developed in China has processed approximately 4.2 billion transactions last month. Companies upload nearly 300 million invoices on the Goods and Services Tax (GST) portal each month, involving more than $12 billion in payments.

“Despite the [Covid-19] pandemic, there are still about 1.5 million train tickets booked online every day. Last year, FASTag processed 1.3 billion seamless transactions. PM Svanidhi is providing credit to small suppliers across the country. e-RUPI Make targeted delivery of designated services possible without leakage. I can go on and on, these are just a few examples of the scale and scope of Indian fintech,” he said.

Advertisement

“India has proven to the world that it is second to none when it comes to adopting technology or innovating around technology. Transformation under Digital India has opened the door to the application of fintech innovation to governance,” he said.

News Source : Hindustan Times

Advertisement

$92.8 million

Archana Puran Singh fractures wrist, apologises to Rajkummar Rao for leaving shoot midway

Published

on

By

Archana Puran Singh fractures wrist, apologises to Rajkummar Rao for leaving shoot midway

Archana Puran Singh, a Bollywood actor, was injured during a film shoot in Mumbai. She fractured her wrist during the shoot and was taken to Nanavati Max Super Speciality Hospital. Singh apologised to Rajkummar Rao for leaving the shoot midway and expressed her gratitude for the surgery.

She also shared the visible swelling around her lips and the lessons she learned from the incident. Singh was discharged after the surgery and is now back at work. She was last seen in Vicky Vidya Ka Woh Wala Video, which starred Rajkummar Rao, Triptii Dimri, Mallika Sherawat, and Vijay Raaz. The film failed to perform well at the box office, collecting only ₹58.03 crore worldwide.

Advertisement

https://i.pinimg.com/originals/45/5b/84/455b84f83afadba17960aa69619384f3.jpg

Veteran actress Archana Puran Singh recently suffered a wrist fracture while shooting for her upcoming film alongside actor Rajkummar Rao. The incident occurred around 5 a.m. on the film set, leading to immediate medical attention. She was promptly taken to Nanavati Max Super Specialty Hospital in Vile Parle, Mumbai, where she underwent surgery for the injury.

Rajkummar Rao, known for his versatility and dedication to his craft, has expressed his concern and support for Archana during this challenging time. The two actors share a professional camaraderie, having previously collaborated on various projects. Their mutual respect and understanding have been evident in their past interactions.

Archana Puran Singh, a seasoned actress and television personality, has been a prominent figure in the Indian entertainment industry for decades. She is widely recognized for her roles in films such as “Kuch Kuch Hota Hai,” “Maine Pyaar Kiya,” and “Baadshah.”

In addition to her film career, she is a beloved judge on the popular television show “The Kapil Sharma Show,” She was promptly taken to for the injury. where her infectious laughter and warm demeanor have won the hearts of audiences.

Advertisement

Rajkummar Rao, on the other hand, has established himself as one of the most talented actors of his generation. His performances in films like “Newton,” “Stree,” and “Roohi” have garnered critical acclaim and numerous awards. Known for his commitment to diverse roles and his ability to bring depth to his characters, Rajkummar continues to be a significant presence in the Indian film industry.

The upcoming film featuring Archana Puran Singh and Rajkummar Rao has generated considerable excitement among fans and industry insiders. Details about the film’s plot and release date are currently under wraps, but the collaboration between these two esteemed actors has piqued interest.

In the meantime, Archana is focusing on her recovery, following medical advice and undergoing necessary physiotherapy sessions. She has expressed gratitude for the support and well-wishes from her fans and colleagues. Her resilience and positive attitude during this period are commendable, and she remains committed to returning to work once she has fully healed.

The incident serves as a reminder of the physical demands and risks associated with the entertainment industry. It highlights the importance of safety measures on set and the need for prompt medical attention in case of injuries. Both Archana and Rajkummar have demonstrated professionalism and dedication, ensuring that the production continues smoothly despite the unforeseen circumstances.

Advertisement

Fans eagerly await updates on Archana’s recovery and the progress of the film. The collaboration between these two talented actors is anticipated to bring a compelling and engaging story to the screen, further enriching the Indian film landscape.

For more insights into Archana Puran Singh’s journey and her experiences in the entertainment industry, you can watch the following video

Group Media Publications
Entertainment News Platforms – anyflix.in      
Construction Infrastructure and Mining News Platform – https://cimreviews.com/
General News Platform – https://ihtlive.com/
Legal and Laws News Platforms – https://legalmatters.in/
Podcast Platforms – https://anyfm.in/

Advertisement
Continue Reading
Anyskill-ads

Facebook

Trending