He further mentioned that more than $360 billion has been transferred through Direct Benefit Transfers.
“Today millions of people in India get direct benefit transfer in one click. This has increased transparency in service delivery, reduced corruption and middlemen. India is one of the most economical countries in terms of cost per gigabyte of data. Today UPI is used in India at all levels from street vendors to large shopping malls.Today in all countries of the world,
India is the country with the largest number of digital transactions. Countries like UAE, Singapore and France are joining this platform. There is a lot of scope to work on this with BRICS countries as well.
Meanwhile, massive investment in India’s infrastructure is changing the landscape of the country.
“In this year’s budget, we have made a provision of about US$ 120 billion for infrastructure. Through this investment, we are laying a strong foundation for the New India of the future. Are.” , water, infrastructure and airways,” the PM said.
He further said that today new highways are being built in India at a speed of ten thousand kilometers per year. The number of airports has doubled in the last nine years.
In addition, to encourage investment and production, we have implemented the Production Linked Incentive Scheme.
“India’s manufacturing sector is becoming competitive due to reduction in logistics cost. India is one of the world leaders in renewable energy. We are working actively to make India a global manufacturing hub in areas like solar energy, wind energy, electricity taking steps.” vehicles, green hydrogen, green ammonia,” he said.