Pm Modi on digital payments


Prime Minister Narendra Modi has said that small traders, entrepreneurs, local artists and artisans can now sell to everyone as he has officially launched 5G services in the country.

Prime Minister Narendra Modi said on Saturday that even small street vendors are now telling the customer not to transact in cash but through UPI instead as it has officially launched 5G services in the country. “It shows when a facility is available, the thinking gets bolder too,” the Prime Minister said.

“Small traders, small entrepreneurs, local artists and artisans can now sell to everyone,” he said, highlighting his government’s efforts in the area of ​​digital payments.

The deployment of 5G aims to provide seamless coverage, high data throughput, less lag in internet connectivity, and highly reliable communications. It will provide a wide range of benefits to ordinary people, according to an official statement.

The cumulative economic impact of 5G on the country is expected to reach $450 billion by 2035, he said.

The Prime Minister said India’s data cost is among the lowest in the world. It went from Rs 300 to around Rs 10 per GB.

“When the government works with intentions of its own, the intentions of the citizens also undergo changes… This is the main difference in the intention (niyat) of 2G and 5G,” said the Prime Minister.

The use of 5G technology is not just for fast internet access, the Prime Minister said, it also has the ability to change lives.

“The government itself has promoted a citizen-centric delivery service through the app. Whether they are farmers or small traders, we have given them a way to meet their daily needs through the app,” he said.

IMC 2022 will be held from October 1 to 4 on the theme of “New Digital Universe”.


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