| | JULY 20244If "innovation" transforming a country was a "technology," it would surely look like India's Unified Payments Interface (UPI), the instant payment system developed in India and now getting exported across the globe. India does more digital transactions today than that of the US, China, and Europe put together. According to the Reserve Bank of India Governor Shaktikanta Das, UPI transactions now account for 80 percent of all digital payments in India, while the country accounts for 46 percent of all digital payments in the world. Indeed, the market's newfound trust in the FinTech ecosystem can also be traced back to UPI's overwhelming success.India's success in digital transactions can be attributed to the launch of Digital India in 2015. Recently, Minister of State for Information and Technology Rajeev Chandrasekhar reminisced about this success and the prime minister's vision. Addressing the World Bank Digital Economy Conclave a few months ago, Rajeev said, "In 2015, through the launch of Digital India, Prime Minister Narendra Modi set unconventional expectations through three broad goals - technology should improve the lives of citizens, impact governance and democracy and further expand and create an architecture for an innovative economy. Over the past nine years, India has taken the lead in creating technologies as opposed to being a mute spectator and consumer of technology." Our country's budding technology leaders have much to learn from this case study. Solving societal challenges with futuristic technologies and innovations with foresight is a great way to succeed. Remember, India-problems always require India-solutions. We present this year's special issues based on India's FinTech ecosystem. Do let us know your thoughts.Sujith VasudevanManaging Editoreditor@ceoinsightsindia.comMade in India forthe World EditorialVol 05 · Issue 5 - 7 ·JULY, 2024 Publisher Alok ChaturvediSenior Designer Girisha M Antony Arnold. F Madhusmita SahooNoidaRohan S Jaspreet K Niteesh Pandey advertise@ceoinsightsindia.comEditorial queries editor@ceoinsightsindia.comAdvertising ManagersNilesh Singh To subscribeVisit https://www.ceoinsightsindia.com/subscribe/ or send emailto subscription@ceoinsightsindia.comMagazine Price is Rs. 150 per issuePublisher Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of InfoConnect Web Technologies India Pvt. Ltd., and Printed at Executive Prints - 113/7, Ground floor, Old madras road, Halasuru, Bangalore - 560008 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2024 Info Connect Web Technologies India Pvt. Ltd., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.GM - Sales & Marketing Amrit SinghCirculation Manager Magendran Perumal Editorial Hima P. M. Keerthana Kantharaj Roopalatha H Roshan Akthar Managing Editor Sujith Vasudevan
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