PM launches digital payment solution e-RUPI

Published By : Admin | August 2, 2021 | 16:49 IST
e-RUPI voucher is going to play a major role in strengthening the DBT scheme: PM Modi
e-RUPI will help in assuring targeted, transparent and leakage-free delivery for all: PM Modi
e-RUPI is a person as well as a purpose-specific payment platform: PM Modi

Prime Minister Shri Narendra Modi launched digital payment solution e-RUPI, a person and purpose specific digital payment solution, today via video conference. e-RUPI is a cashless and contactless instrument for digital payment.

Addressing the event, the Prime Minister said that the eRUPI voucher is going to play a huge role in making DBT more effective in digital transactions in the country and  will give a new dimension to digital governance. This will help everyone in targeted, transparent and leakage free delivery. He said e-RUPI is a symbol of how India is progressing by connecting people’s lives with technology. He also expressed happiness that this futuristic reform initiative has come at a time when the country is celebrating the Amrit Mahotsav on the  75th anniversary of independence.

He said in addition to the government, if any organization wants to help someone in their treatment, education or for any other work, then they will be able to give an eRUPI voucher instead of cash. This will ensure that the money given by him is used for the work for which the amount was given.

The Prime Minister said eRUPI is person as well as purpose specific. eRUPI will ensure that the money is being used for the purpose for which any help or any benefit is being provided.

The Prime Minister recalled that there was a time when technology was considered a domain of the rich people and there was no scope for technology in a poor country like India. He remembered when this government took technology as a mission, it was questioned by the political leaders and certain types of experts.  He added that today the country has also denied the thinking of those people, and has proved them wrong. Today the thinking of the country is different, it is new. Today we are seeing technology as a tool to help the poor, a tool for their progress.

The Prime Minister noted how technology is bringing in transparency and integrity in transections and creating new opportunities and making them available to the poor. He mentioned that for reaching today’s unique product, foundation was prepared over the years by creating the JAM system which connected mobile and Aadhaar. Benefits of JAM took some time to be visible to people and we saw how we could help the needy during the lockdown period while other countries were struggling to help their people, said the Prime Minister. He noted that in India, more than seventeen and half lakh crore rupees have been transferred directly to the accounts of the people via Direct Benefit Transfer. More than three hundred schemes are using DBT. 90 crore Indian are being benefited in some way or the other through in areas like LPG, ration, medical treatment, scholarship, pension or wage disbursal. 1 lakh 35 thousand crore rupees have directly been transferred to farmers under PM Kisan Samman Nidhi, 85 thousand crore rupees for government purchase of wheat were also disbursed in this manner. “The biggest benefit of this all is that 1 lakh 78 thousand crore rupees were prevented from going to the wrong hands, '' he added.

The Prime Minister noted that development of digital transactions in India has empowered the poor and deprived, small businesses, farmers and tribal population.  This can be felt in the record of 300 crore UPI transactions in the month of July amounting to  6 lakh crore rupees.

The Prime Minister said India is proving to the world that we are second to none in adopting technology and adapting to it. When it comes to innovations, use of technology in service delivery, he said that India has the ability to give global leadership alongside major countries of the world.

The Prime Minister said that the PM Svanidhi Yojana has helped more than 23 lakh street vendors in small towns and large cities of the country. During this pandemic period, about Rs 2300 crore has been disbursed to them.

The Prime Minister said the world is recognizing the impact of the work done in the last 6-7 years for digital infrastructure and digital transactions in the country. Especially in India, a huge base of fintech has been created which is not present even in developed countries, he added.

 

Click here to read PM's speech

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In 70 years of Congress rule, only 3 bridges were built over the Brahmaputra; in the last 10 to 11 years, BJP NDA has completed 5 major bridges: PM in Assam rally

PM Modi addressed a massive public rally in Guwahati, where he said the recent Union Budget has further strengthened the vision of the BJP-NDA for the development of Assam and the North East. Calling the North East “Ashtalakshmi,” he said the region was ignored for decades by Congress but is now being served with dedication.

He said this year’s Budget places strong emphasis on making the North East economically self-reliant. Assam will receive nearly fifty thousand crore rupees as its share of taxes this year, compared to only ten thousand crore rupees during the Congress era. He questioned whether a party that hesitated to give funds for Assam’s development could ever truly develop the state.

The Prime Minister said the Budget has further boosted connectivity in the region, noting that improved highways and road projects worth thousands of crores will expand employment and tourism. Referring to Pariksha Pe Charcha held aboard a cruise on the Brahmaputra, he said river tourism will be expanded further with provisions made in the Budget.

Highlighting a historic moment, PM Modi said the landing of an Air Force aircraft on a highway in Moran reflects Assam’s growing strength. He said there was a time when the North East was associated with broken roads, but today, highways are being built where even aircraft can land. He credited the BJP government in Assam and the spirit of “Mera Booth Sabse Majboot” for this transformation. He urged workers to safeguard every vote at every booth.

On national security, the PM said the new emergency landing strip symbolises a New India that is fully prepared to defend itself. Paying tribute to the brave soldiers martyred in the Pulwama attack, he said the world has seen how India responds firmly to terrorism. He stated that Congress never prioritised national security and kept the North East in fear and instability.

Contrasting development under BJP and Congress, PM Modi said that in seventy years of Congress rule, only three bridges were built over the Brahmaputra. In the last ten to eleven years, BJP-NDA has completed five major bridges. He said Congress gave Assam problems while BJP delivered solutions. He added that several more bridges are under construction, which will accelerate growth across Assam and the North East.

PM Modi said that the BJP ensures that every major national initiative benefits Assam and the North East simultaneously. Assam was connected early to Vande Bharat trains and recently became the starting point of the country’s first Vande Bharat sleeper train. He said Assam is emerging as a growth engine in the semiconductor sector.

On digital connectivity, he said, while Congress failed to expand 3G and 4G effectively to the region, the BJP ensured 5G reached villages across Assam and the North East through a saturation approach. Guwahati youth are now benefiting from high-speed internet, and the new NIC Data Centre will create further opportunities.

In healthcare, PM Modi said that in 2014, India had only six AIIMS, but today there are more than twenty, including AIIMS Guwahati. Several medical colleges and cancer hospitals have also been established in Assam. He announced approval of the PM Relief Scheme.

He highlighted the expansion of higher education institutions such as IIM Palashbari, the modernisation of IIT Guwahati, and the establishment of IARI in Assam, which will create new technology leaders.

Speaking about peace and stability, PM Modi said Congress kept Assam disturbed for decades with violence, blockades and unrest. He said the BJP NDA has restored peace, with several groups, including Bodo, Karbi, Adivasi, DNLA and ULFA, choosing the path of the Constitution over violence. He warned that Congress, frustrated after being out of power for ten years, wants to push Assam back into instability and hand it over to infiltrators. He said the people must remain alert and protect Assam’s identity.

Concluding his address, PM Modi thanked the people of Assam for their continued trust and said with Modi ki Guarantee and a strong BJP NDA government, Assam will continue to move ahead on the path of peace, security and rapid development.