G20 Sherpa Amitabh Kant lauds India's digital transformation journey in 9 years
NITI Aayog CEO and G20 Sherpa and Amitabh Kant outlined the remarkable strides India has made in digital transformation over the past nine years in a recent post on X.
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He posted on X, «India's Digital Transformation Story of Past 9 years * 100 crore ( 1 Billion ) Mobile Phone Users. 96% reduction in data cost — Data cost amongst lowest globally. 144 crore(1.4 Bn people )of India now have unique digital identity (Aadhar) From being the world's most unbanked country, today we have 68 crore (680 million) Unique Bank Accounts: similar to providing two bank accounts to every citizen of the USA 52 crore (520 Million+) PM-JDY accounts opened during 2015-17. Every 2nd Bank A/C in the world during that period was opened in India. INR 199 lakh crore (USD 2.4 trillion) worth of UPI Transactions were carried out in FY 24. India contributes 46% of the share in real-time Digital Payments globally...»
India now boasts 1 billion mobile phone users, a significant milestone reflecting widespread connectivity. This is complemented by 96 per cent reduction in data costs, positioning India among the countries with the lowest data costs worldwide.
Such affordability has fueled greater access and usage of digital services across the country.
Aadhar, India's unique digital identity program, now encompasses 1.4 billion people, ensuring that nearly the entire population has a secure and verified digital identity.
This widespread adoption has been instrumental in
