“And the larger ecosystem of e-bank, e-payment, e-mandi and other forms of digital delivery that the government promoting is only going to create big demand in nation of 1.25 billion-plus population”, Prasad said.
He noted that 1.05 billion Indians are on Aadhaar today.
“We have opened 24 crore Jan dhan account of poor people who had no bank access.”
Four crore mobile phones and six crore Aadhaar have been linked to Jan dhan accounts, which are leading to faster and good delivery of subsidies, Prasad said. “And we have saved Rs 36,000 crore (through Direct Benefit Transfer system for various schemes)”.
“With all this ecosystem, which is happening in this country, Indian digital economy is going to become USD one trillion in the coming four to five years. There is enormous scope in India itself apart from great work Indian IT companies are doing worldwide”, the minister said.
(Sourced from agencies, feature image courtesy:ndtv.com)
