
Digital Technologies, Direct Benefit Transfer Helps India Save Rs. 2.23 Lakh Crore

Digital technologies and Direct Benefit Transfer into the accounts of beneficiaries helped India save Rs. 2.23 lakh crore from going into the hands of middlemen, as per reports.
While addressing the inaugural function of the Digital India Week Prime Minister Narendra Modi says, “Though India was left behind during the third industrial revolution; it was guiding the world in the fourth industrial revolution.”
PM says, “With the passage of time, the country that does not adopt modern technology, time moves ahead leaving it behind. India was a victim of this during the Third Industrial Revolution. But today we can proudly say that India is guiding the world in the fourth industrial revolution.”
According PM Modi, Lauding the Digital India program’s roles in expanding services provided online and it was the perfect example of how technology could be revolutionary in transforming the lives of ordinary people.
Everything from birth certificate to life certificates for senior citizens is online. All these works took days and now can be done in moments. There is an excellent infrastructure for digital governance in the country today.
PM launches new initiation of the digital India program, including announcing the first batch of 30 institutions to be supported under the Chips to Startup (C2S) program.
UPI has been appreciated the world over, including the World Bank. The technology is by the people, it has been made a part of the people lives, which is of the people, and it has made people’s lives easier, which therefore is for the people
PM says, “UPI has been appreciated the world over, including the World Bank. The technology is by the people, it has been made a part of the people lives, which is of the people, and it has made people’s lives easier, which therefore is for the people.”
Vaishnaw says, India today has more than 100 unicorns, compared to 2014 when there were less than 10. Eight years ago, electronics manufacturing in the country was almost negligible. Today, it is a $75 billion industry, which is roughly a six lakh crore industry, employing 25 lakh people in high quality jobs.”