"India does Rs 120 crore worth digital transactions in one month while US does Rs 40 crore in year," says S Jaishankar
July 17, 2026
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“India does Rs 120 crore worth digital transactions in one month while US does Rs 40 crore in year,” says S Jaishankar

In a testament to India's remarkable strides in digital transactions, External Affairs Minister S Jaishankar revealed a staggering comparison: while India conducts transactions worth Rs 120 crores monthly, the United States manages only Rs 40 crores annually

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Apr 11, 2024, 02:30 pm IST
in Bharat, Rajasthan
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External Affairs Minister S Jaishankar (Right)

External Affairs Minister S Jaishankar (Right)

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Highlighting India’s growth in digital transactions, External Affairs Minister S Jaishankar said on April 10 that while India does transactions worth Rs 120 crores in a month, the US does only worth Rs 40 crores in a year.

The EAM further said that while some countries have doubt about the efficiency of democracy, India has shown how democracy can deliver.

Speaking at an event in Rajasthan’s Bikaner on April 10, Jaishankar said, “Today, we do cashless payments through UPI. We have transactions worth Rs 120 crores in a month. While the US makes digital transactions worth Rs 40 crores in a year. You should see how we have progressed in some areas and the world commends that.”

He said that while questions are raised on the election process in many countries, it is not the case in India, adding that Indians should appreciate themselves for it.

“Earlier, people used to say democracy is a good thing, but development can’t be done in the system. Everything takes time, people can’t make decisions. What we have done is that democracy delivers. You should understand the importance of it,” the Foreign Minister said.

“You all should also think while voting that the world is surprised…when 100 crore people vote and the process happens so smoothly…Our elections are conducted successfully. The way questions are raised on the election process in other countries is not done here. We should appreciate ourselves for this,” he added.

Earlier in the day, during an event, S Jaishankar reaffirmed India’s unwavering stance against cross-border terrorism, particularly highlighting Prime Minister Narendra Modi’s leadership in handling security challenges.

Reflecting on past experiences, S Jaishankar drew attention to how India’s stance on cross-border terrorism before PM Modi’s era and underscored a notable shift since the Mumbai attacks in 2008, stating, “That era is now behind us. Since the Mumbai attacks on 26/11, we haven’t witnessed any major terrorist incidents in our country. In today’s India, be it any terrorist incident, Uri is our reply.”

Highlighting the operations carried out to evacuate Indians stranded in conflict situations abroad, the EAM reiterated the assurance of Prime Minister Narendra Modi’s commitment (Modi Ki Guarantee), extending beyond India’s borders.

“In my capacity as the Minister of External Affairs, I can affirm that Modi Ki Guarantee also works beyond our borders, wherever our citizens or even our compatriots find themselves trapped,” said Jaishankar.

Rajasthan sends 25 MPs to the Lok Sabha. The polling will be held in two phases on April 19 and 26. The counting of votes will be held on June 4.

BJP had won all 25 seats in the state in 2014. In 2019 also, the BJP-led alliance won all 25 seats with BJP winning 24.

(with inputs from ANI)

 

 

 

 

Topics: External Affairs Minister S JaishankarDigital TransactionRajasthanLok Sabha elections
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