MENU × BUSINESS
Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
TECHNOLOGY
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
PLATFORM
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
LEADERSHIP
CEO ReviewCompany Review
MAGAZINE
ASIA INDIA
STARTUPS CLIENT SPEAK CONTACT US

The Silicon Review Asia

“BHIM-Aadhaar Platform Can Revolutionise Indian Economy”: Says PM Narendra Modi

“BHIM-Aadhaar Platform Can Revolutionise Indian Economy”: Says PM Narendra Modi

Based on the concept of Unified Payment Interface (UPI), the BHIM-Aadhaar digital payments platform, which was recently launched in Nagpur, is a great initiative by the Government.  While inaugurating the same, Prime Minister Narendra Modi said, the proposed platform can revolutionize the Indian economy by empowering every Indian to pay digitally using biometric data on a smartphone.  He further added that the platform would enhance digital payments in a manner extraordinary anywhere in the world and would be a step towards a 'less-cash' economy and battle the black money hazard.

Further, PM Modi also said that the BHIM-Aadhaar platform will play an outstanding role by empowering the common Indian as the Constitution of India.The Prime Minister, who instated a variety of development works to mark the birth anniversary of B.R. Ambedkar, also said that the people of the country should endeavor hard to fulfill the dreams of freedom fighters.

"We have a dream for 2022. The poorest of poor should have a house of his own. And that house must be equipped with electricity, water and other facilities. There should be hospitals and schools in the neighbourhood," PM Modi said.

Prior to this, PM Modi also paid homage to Bharat Ratna Bhimrao Ramji Ambedkar who is regarded as the architect of the Indian Constitution, on the occasion of his 126th birth anniversary. PM Modi started his day with a visit to the historic monument, Deekshabhoomi, where Babasaheb Ambedkar and over 600,000 followers had embraced Buddhism on October 14, 1956.

YOU MAY ALSO LIKE

Pine Labs Reaffirms its Commitment to Indian Payments Space with Qfix Acquisition

HDFC Bank is Qfix's main distribution partner Pine Labs has announced that it has acquired Qfix, a Mumbai-based online payments startup. This acquisi...

Salesforce Expands into Thailand, Opens Office in Bangkok

Salesforce has announced permanent presence in Thailand by launching its new office in the country’s capital, Bangkok. The permanent presence wi...

GMLL is expected to soon add two more stores to its retail arm ‘Price Mantra’

Garment Mantra Lifestyle, a popular name in the Indian fashion retail segment, recently made an announcement that the company is expanding its retail ...

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...

RECOMMENDED