India Achieves What US Does in Cashless Payments in a Month, in Three Years: EAM S Jaishankar

India Achieves What US Does in Cashless Payments in a Month, in Three Years: EAM S Jaishankar

VoM News Desk | January 22, 2024 | 12:53 PM IST | Breaking News | Follow on Google News

India Achieves What US Does in Cashless Payments in a Month, in Three Years: EAM S Jaishankar/ANI

India Achieves What US Does in Cashless Payments in a Month, in Three Years: EAM S Jaishankar

External Affairs Minister S Jaishankar highlighted India’s remarkable growth in digital public infrastructure, drawing a striking comparison. In a gathering with the Indian community in Nigeria, he emphasized that the monthly volume of cashless transactions in India surpasses what the United States achieves in three years.

Five Pillars of India’s Transformation

Jaishankar outlined five pivotal examples illustrating India’s transformation over the past decade. From effectively handling challenges, recovering with a robust economic performance, improving citizens’ lives, captivating global imagination, to caring for its people abroad, these milestones showcase the nation’s dynamic evolution.

India’s Resilience Amidst the Pandemic

Commending India’s response to the COVID-19 pandemic, Jaishankar noted the nation’s resilience and significant contributions to global healthcare. India successfully navigated the challenges, underwent lockdowns, and emerged as a pharmaceutical hub, manufacturing medicines for the world.

India’s external affairs minister also expressed confidence in India’s position as the world’s fastest-growing economy. He highlighted the positive shift in business sentiment towards New Delhi, resulting in record-high investments. Jaishankar underscored the tangible development across the country, from infrastructure projects to rural amenities, portraying a nation on a rapid growth trajectory.

Jaishankar’s visit to Nigeria is not only a diplomatic mission but also an opportunity to strengthen bilateral ties. With engagements ranging from co-chairing the India-Nigeria Joint Commission Meeting to participating in business councils and international affairs discussions, the visit aims to further solidify the longstanding friendship between India and Nigeria.

VoM News Desk

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