"More than 43.3 crore digital transactions in India every month," says Finance Minister Nirmala Sitharaman
August 16, 2026
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“More than 43.3 crore digital transactions in India every month,” says Finance Minister Nirmala Sitharaman

FM Nirmala Sitharaman's announcement highlights India's significant stride in digital transactions, with over 43.3 crore transactions recorded monthly. This statistic underscores the nation's rapid adoption of digital payment methods, reflecting its commitment to a cashless economy and technological advancement

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Apr 3, 2024, 08:00 am IST
inBharat, Economy, Tamil Nadu
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Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman

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Finance Minister Nirmala Sitharaman on April 2 lauded the strong digital public infrastructure and access given to all, which has brought India to the forefront of digital transactions. Speaking at Viksit Bharat 2047 Ambassador Campus Dialogue at Pallavaram, the Finance Minister said that in India, 43.3 cr transactions are being done every month through digital payment without any charge.

“The country is becoming a hub of digital infrastructure. Digital public infrastructure has been designed in such a manner that it involves the seller, the buyer and the payment system. 43.3 crore transactions are being conducted digitally per month,” she said.

Speaking at the event, the FM highlighted that today, India is producing mobile phones not only for domestic consumption but also for exporting to other countries, and all this happened because of the efforts of the current Indian Government.

Finance Minister Nirmala Sitharaman said, “The Production Linked Incentive (PLI) schemes have incentivised the industries to invest in thorium, solar energy and green hydrogen sector. India has also joined hand with other countries to make progress in the renewable energy sector and in the coming future India will become a leader in the renewable energy sector.”

Highlighting the achievements of start-ups in India, Nirmala Sitharaman says that now start-ups are coming to the space sector. The Government has opened the space sector for private investment, and the Indian Government is giving opportunities and assistance to new players. In the interim budget, the Government has also allocated 1 lakh crore rupees for science and research, which will give a further boost to the emerging start-ups in India.

Nirmala Sitharaman highlighted the indicators of the Viksit Bharat. She said that better infrastructure, modern schools and hospitals are the key indicators of Viksit Bharat. The FM said the focus of the Modi Government is to achieve Viksit Bharat’s goal through the development of infrastructure.

(with inputs from ANI)

 

Topics: Viksit Bharat @2047PallavaramFM Nirmala Sitharamandigital transactions
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