UPI becomes global leader

Finance Minister Nirmala Sitharaman states India's Unified Payments Interface has become the world's largest real-time payment system.

“the unified payments interface ( upi ) has emerged as the world's largest real-time payment system, processing more than 2,400 crore transactions every month”

RBI campus launch

Prime Minister Narendra Modi inaugurated the Reserve Bank of India's Bhubaneswar campus, where critical payment infrastructure will be housed.

Payment infrastructure

The campus will house Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) systems for secure financial transactions.

Jan Dhan accounts

Over 59 crore Jan Dhan accounts have been opened, bringing millions into the formal banking system.

“banking facilities have been provided to the last man in the line; over 59 crore jan dhan accounts have been opened”

MUDRA loans

More than ₹43 lakh crore has been sanctioned through 60 crore collateral-free loans under the Pradhan Mantri MUDRA Yojana.

Street vendor support

1.2 crore loans have been disbursed to street vendors under the Pradhan Mantri SVANidhi scheme.

Purvodaya strategy

The government aims to ensure eastern India's economic progress contributes to national growth through the Purvodaya policy.