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Digital Loan Service: The central government will start digital loan service this year. Giving this information, Telecom and Information and Technology Minister Ashwini Vaishnav said that with this service even small street vendors will be able to take loans from big banks. Addressing the ‘Digital Payment Festival’, Railway Minister Ashwini Vaishnav said that it will be introduced like UPI service. this prime minister Narendra Modi Will be a big achievement under the vision of ‘Digital India’.
What did Ashwini Vaishnav say about NPCI
Ashnini Vaishnav said, “This year we will start digital loan service. In the next 10-12 years, the National Payment Corporation of India or the National Payments Corporation of India (NPCI) will be ahead.” In this program, the Electronics and IT Minister unveiled the prototype of the voice-based payment system for UPI.
IT Minister Ashwini Vaishnav also informed that the government is working on all fronts of digital payments to popularize UPI in local languages and make it accessible to more and more people. Work is also going on on many projects to take it to every corner of the country through NPCI.
UPI is going to be a global payment product
On this occasion, Ministry Secretary Alkesh Kumar Sharma said that UPI will become a global payment product for which NPCI has already started partnership with countries like Nepal, Singapore and Bhutan. He told that UPI services will be available for Non-Resident Indians (NRIs) of 10 countries Australia, Canada, Hong Kong, Oman, Qatar, Saudi Arabia, Singapore, UAE, UK and USA.
India is presiding over the G-20 this time and during this time it has been planned to run the scheme of digital payment on a large scale. This digital payment festival lasted till tomorrow i.e. 9th October. Issues related to telling about the efforts to promote digital payments in the country and increasing the work have been discussed in this festival.
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