PM Modi on Mann ki Baat: Small online payments helping build big digital economy in country

Prime Minister Narendra Modi on Sunday said small online payments are helping build a big digital economy, and many new fintech startups are coming up.

Digital transactions worth Rs 20,000 crore are taking place in India daily, encouraging an environment of honesty in the country, the price minister said in his monthly Mann Ki Baat address to the nation, 

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He also noted that that transactions through UPI (Unified Payments Interface) have reached Rs 10 lakh crore in March this year.

He also urged people who have any experience related to digital payments and the startup ecosystem to share it with others.

"Your experiences can be a source of inspiration for others in the country," he said.

He said people from across the country have written letters and messages to him about the Pradhanmantri Sangrahalaya inaugurated on April 14, the birth anniversary of Babasaheb Ambedkar.

There can be no better time than 75 years of India's Independence to remember the contribution of prime ministers, Modi said.

He also urged people to visit a local museum during holidays and share their experiences using the hashtag 'MuseumMemories'.

In his remarks, Modi noted that just like in sports, 'divyangjan' is doing wonders in arts, academics and many other fields.

With the power of technology, they are achieving greater heights, he said.

He also urged people to take all Covid related precautions in view of upcoming festivals in May. 

He also spoke about the Pradhanmantri Sangrahalaya, which he had inaugurated in New Delhi recently. 

He urged people to visit a local museum during holidays and share their experiences using the hashtag 'MuseumMemories'. He said there could be no better time than 75 years of India's Independence to remember the contribution of prime ministers.

(With Inputs from PTI)