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India embraces cashless revolution in last 11 years: Nirmala Sitharaman

June 09, 2025

New Delhi, June 9

Union Finance Minister Nirmala Sitharaman on Monday said that India is embracing a cashless revolution with world-class digital initiatives like unified payments interface (UPI).

In the last 11 years, India has seen a remarkable journey under the leadership of Prime Minister Narendra Modi, the finance minister said on a post on X.

“India is embracing a cashless revolution. With Rs 70,000 crore+ worth UPI transactions daily and 59.6 crore transactions in a single day, digital payments are now the norm,” the minister added.

From making life easier for the common citizen to boosting business confidence, it's been a decade of real and visible change, she further stated.

India today is not just the fastest-growing major economy, but also a key global voice on pressing issues like climate action and digital innovation.

 

 

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