• About
  • Advertise
  • Careers
  • Contact
Tuesday, February 7, 2023
No Result
View All Result
  • Login
  • Register
  • News
  • Nation Builder
  • Entertainment
  • Rising india
    • BAPS Shri Swaminarayan Mandir Nairobi
    • LORD HANUMAN : CHAR DHAM PROJECT
    • Akshardham Temple – Delhi
    • Chenab Railway Bridge
    • Development Wins, Yogi Government 2.0
    • KASHI CORRIDOR
    • Kedarnath
    • National War Memorial
    • NEASDEN TEMPLE, LONDON
    • PM Narendra Modi inspects antiquities returned to India by Australia
    • Statue of Equality
    • Statue of Unity
    • SWAMI NARAYAN MANDIR, PUNE
    • Swaminarayan Akshardham – Gandhinagar
    • Swaminarayan Mandir NJ, USA
    • Teen Murti Bhavan campus New Delhi
  • Zoom-In
  • Perspective
  • Multilateral
  • Globetrotting
  • Donation
  • Caring Economy
  • Download
  • Contact
  • Hindi
  • News
  • Nation Builder
  • Entertainment
  • Rising india
    • BAPS Shri Swaminarayan Mandir Nairobi
    • LORD HANUMAN : CHAR DHAM PROJECT
    • Akshardham Temple – Delhi
    • Chenab Railway Bridge
    • Development Wins, Yogi Government 2.0
    • KASHI CORRIDOR
    • Kedarnath
    • National War Memorial
    • NEASDEN TEMPLE, LONDON
    • PM Narendra Modi inspects antiquities returned to India by Australia
    • Statue of Equality
    • Statue of Unity
    • SWAMI NARAYAN MANDIR, PUNE
    • Swaminarayan Akshardham – Gandhinagar
    • Swaminarayan Mandir NJ, USA
    • Teen Murti Bhavan campus New Delhi
  • Zoom-In
  • Perspective
  • Multilateral
  • Globetrotting
  • Donation
  • Caring Economy
  • Download
  • Contact
  • Hindi
No Result
View All Result
No Result
View All Result
Home Blitz India Media

India role model in financial inclusion & digital payments

Diplomats laud its experiences and innovations

Blitzindiamedia by Blitzindiamedia
January 20, 2023
in Blitz India Media, G20 PODIUM
0
Multiple shared interests with India
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

KOLKATA: India’s G20 motto of ‘One Earth, One Family, One Future’ is very apt. It captures the spirit of the world. With its innovations in digital payments, India has done an exemplary work in financial inclusion. Its experiences and innovations in the field need to be followed and learned by governments around the world, said a Geman diplomat during a recent G20 meeting in Kolkata.

Underlining the timing of Indian G20 presidency, Manfred Auster, the Consul General of Germany, said, “The country has taken over the presidency from Indonesia at a crucial time for world development.

Related posts

Four ‘I’s helping India grow fast, says Goyal at first B20 meeting

Four ‘I’s helping India grow fast, says Goyal at first B20 meeting

February 4, 2023
WHO supports global health agenda set by India for G20

WHO supports global health agenda set by India for G20

January 27, 2023

Its motto definitely makes sense when we are faced with so many crises ranging from climate change to the Russian war against Ukraine.” He was representing Germany during the first Global Partnership for Financial Inclusion meeting of G20, which was held here from January 9-11.

Great progress Auster emphasised on India’s leadership role in bringing about financial inclusion. “India is a great example of how financial inclusion can work. Over the past 10-odd years, you have made tremendous progress, and are much further advanced when it comes to electronic payments than even Germany,” he said.

Highlighting the contrast between Indian and German economies, he said India’s use of digital payments had enabled financial inclusion of marginalised communities. “In India, you pay everything with Unified Payments Interface (UPI), every small vendor will accept it. But in Germany, we still use quite a lot of cash. Financial inclusion is important as common people, especially women, can participate in the economy,” he said.

Egypt’s minister said, “India is an interesting destination, both for tourism because of the different cultures, and also for investments. There is a lot of business; there are a lot of opportunities”

He further said, “Bring your experience in this field to the world at large, make the know-how available to other countries, which have not had that opportunity to advance in terms of financial inclusion.” G20 leaders discussed a wide range of issues on digital financial inclusion, remittances and availability of finance for SMEs during the threeday meeting in Kolkata.

Land of opportunities Egypt’s Deputy Minister of Finance for Economic Affairs Sherine ElSharkawy said, “India is an interesting destination, both for tourism because of the different cultures, and also for investments. There is a lot of business, there are a lot of opportunities, especially in the IT sector.”

She said she was “really impressed” with India’s invitation to many countries who were not part of the grouping. “I’m really impressed with how it is dealt with. India has invited many countries not part of G20 to provide their inputs and to listen to the concerns of other countries,” she said.

The Egyptian minister found the events and side events “very useful”. India has been able to organise various discussions around issues of global importance. A lot of efforts have been made to ensure wide participation and exchange of ideas.

“All the working groups that I have attended are very useful and are helping with discussions and ideas back and forth, between the members and non-members. All the topics are very well chosen and very important for the current economic environment,” she added.

Previous Post

ALL EYES ON BUDGET

Next Post

Experts rue the failure of multilateral bodies

Next Post
Think20 inception conference

Experts rue the failure of multilateral bodies

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Damocles’ Sword lifted

Damocles’ Sword lifted

7 months ago
Indian-origin person may become the next British PM

Indian-origin person may become the next British PM

7 months ago
Ban on triple talaq: a bold move by modi govt towards gender justice

Ban on triple talaq: a bold move by modi govt towards gender justice

8 months ago
G20 delegates posing for a group photo at the side event

As ‘digital powerhouse’, India to build new global framework

2 months ago

BROWSE BY CATEGORIES

  • A Tribute
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • blitzdocument
  • BlitzNEWS
  • books
  • Business
  • CAMPAIGN
  • caring economy
  • Culture
  • ECO-FOCUS
  • economy
  • ECONOMY/SPORTS
  • Entertainment
  • FOCUS UK
  • G20 PODIUM
  • Gender equality
  • GLOBETROTTING
  • health
  • international
  • latest
  • Latest News
  • Lifestyle
  • MAHARASHTRA
  • MULTILATERAL
  • NATION BUILDER
  • National
  • News
  • Opinion
  • PERSPECTIVE
  • Politics
  • REALITY CHECK
  • Recent News
  • Rising india
  • special
  • Sports
  • states
  • Travel
  • world
  • world cup
  • ZOOM-IN

POPULAR NEWS

  • Scholar administrators  are witness to an era

    Scholar administrators are witness to an era

    0 shares
    Share 0 Tweet 0
  • A great polyglot and litterateur

    0 shares
    Share 0 Tweet 0
  • A path-breaking book on pauperisation of peasants

    0 shares
    Share 0 Tweet 0
  • A great man, a glory of India

    0 shares
    Share 0 Tweet 0
  • See it, Catch it, Beat It!

    0 shares
    Share 0 Tweet 0
  • About
  • Advertise
  • Careers
  • Contact

© 2022 Blitzindiamedia -BlitzIndia Building A New Nation

No Result
View All Result
  • Home
  • News
  • Nation builder
  • Entertainment
  • Rising india
    • BAPS Shri Swaminarayan Mandir Nairobi
    • Akshardham Temple – Delhi
    • Chenab Railway Bridge
    • Development Wins, Yogi Government 2.0
    • KASHI CORRIDOR
    • Kedarnath
    • National War Memorial
    • NEASDEN TEMPLE, LONDON
    • PM Narendra Modi inspects antiquities returned to India by Australia
    • Statue of Equality
    • Statue of Unity
    • SWAMI NARAYAN MANDIR, PUNE
    • Swaminarayan Akshardham – Gandhinagar
    • Swaminarayan Mandir NJ, USA
  • Multilateral
  • Globetrotting
  • Donation
  • Caring Economy
  • Download
  • Contact
  • Hindi

© 2022 Blitzindiamedia -BlitzIndia Building A New Nation

Welcome Back!

Sign In with Facebook
Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In