IGI Logo

NITI Aayog Vice Chairman Rajiv Kumar has said India is witnessing increasing digitisation with people getting greater and easier access to financial services, which has led to a shift in consumers' financial behaviour from cash to e-wallets and UPI.

Further, Kumar said the rise of fintech has accelerated financial inclusion. He also noted that the expansion of digital payments is an important pivot for creating a more equitable, prosperous and financially inclusive India.

Meanwhile, Union Minister for Railways, Communications, and Electronics and IT Ashwini Vaishnaw said the government believes in creating open platforms, such as CoWin and UPI, for healthcare, logistics and other sectors. He added an open platform is created using public investment, wherein numerous private entrepreneurs, start-ups and developers can join to create new solutions.