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Mann Ki Baat: PM Modi hails online payments, says UPI transactions worth Rs 20K cr seen daily


Prime Minister Narendra Modi on Sunday said digital transactions worth Rs 20,000 crore are now taking place daily in the country and asserted that this is not only increasing facilities but also encouraging an environment of honesty. In his monthly Mann Ki Baat radio broadcast, Modi said small online payments are helping build a big digital economy and many new fintech start-ups are coming up. “Now digital transactions worth Rs 20,000 crore are taking place daily in our country. In March, UPI (Unified Payments Interface) transactions even reached Rs 10 lakh crore,” he said.



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