Prime Minister Narendra Modi mentioned India has made many strides in digital funds, powered by the collective resolve of 1.4 billion Indians
Prime Minister Narendra Modi. (PTI)
“A decade later, we stand witness to a journey that has touched numerous lives and ushered in a brand new period of empowerment. India has made many strides in digital funds, powered by the collective resolve of 140 crore Indians,” Modi wrote on X.
In a LinkedIn publish, Modi cited the rise in web connections. “In 2014, India had round 25 crore web connections. Today, that quantity has grown to over 97 crores.” Modi mentioned the following decade can be much more transformative. “We are shifting from digital governance to international digital management, from India-first to India-for-the-world.”
He shared a MyGovIndia publish thread on X, outlining milestones underneath the Digital India initiative, together with fast 5G rollout, widespread digital funds, and growth of web entry. “Whether it’s a distant village or a rising startup, Digital India is unlocking alternative in every single place.”
The publish mentioned 5G companies now cowl 95% of India’s inhabitants, making it one of many quickest rollouts. India provides one of many world’s most reasonably priced web, with knowledge priced under ₹10 per GB, lower than China’s ₹32 per GB and South Africa’s ₹151 per GB, the publish mentioned. It added that India has turn out to be “the heartbeat of the world’s digital fee methods,” because it now accounts for 50% of the world’s real-time digital funds, processing billions of transactions each month.
The publish mentioned the variety of Ayushman Bharat Health Accounts now exceeds the inhabitants of most main international locations. Over 780 million ABHA accounts have been created to date, laying the inspiration for one of many world’s largest digital well being ecosystems.
The publish famous that over 42 lakh kilometres of optical fibre have been laid throughout the nation, which is 11 occasions the gap between Earth and the Moon, underneath initiatives like BharatWeb to assist connectivity.
As per the Telecom Regulatory Authority of India knowledge, India has over 1.16 billion cell connections, with additions of practically 2 million wi-fi subscriptions in May alone.
In digital commerce, over 700,000 sellers have joined the government-backed Open Network for Digital Commerce inside two years, enabling participation from kirana shops, artisans, and small companies, mentioned the publish.
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