Kautilya

India’s Payments Transaction Volumes Grew 53% in 12 Months

UPI payments had grown by 100% year-over-year in terms of value, reaching Rs. 7.7 lakh crore (US$ 102.3 billion) in October 2021. As per Mr. Rajeev Chandrashekhar, Minister of State for Electronics and Information Technology, digital payments had grown from 3,134 crore in FY2019 to 4,683 crore till mid-November 2021.

Aadhaar Looking to Go Global

Unique Identification Authority of India (UIDAI) is exploring opportunities to take Aadhar global by collaborating with foreign countries and international organisations, as per a top official. This is part of building digital identity systems across the globe and UIDAI is working with the World Bank and United Nations to take it to other countries.

Jaishankar Meets UAE Leaders, Discusses Ties

External Affairs Minister S Jaishankar met the Crown Prince of Abu Dhabi Mohammed bin Zayed Al Nahyan and Foreign Minister Sheikh Abdullah bin Zayed here and expressed confidence that the bilateral strategic ties between India and the UAE will scale new heights in the years to come.