Saturday, December 06, 2025 ਪੰਜਾਬੀ हिंदी

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India on track to become $5 trillion economy amid strong financial inclusion: DFS Secretary

New Delhi, Dec 6 || India is steadily moving towards becoming a $5 trillion economy, driven by strong fundamentals, infrastructure‑led growth and resilient supply chains, M. Nagaraju, Secretary, Department of Financial Services, has said.

The last decade has been transformative, and initiatives like Jan Dhan and DPI have expanded financial inclusion from 21 percent in 2008 to over 80 percent today, Nagaraju said here at a conference on AI and digital public infrastructure (DPI), according to an official statement.

He was speaking at the event organised by the National Institute for Smart Government (NISG), Ministry of Electronics and Information Technology and Tripura’s Directorate of IT, in which EY was the Knowledge Partner.

S. Krishnan, Secretary, MeitY said that government, private sector, civil society and academia should collaborate for optimal working of India’s technology ecosystem.

Bhuvnesh Kumar, CEO, UIDAI and CEO, NISG highlighted how NISG’s model brings together the speed of government decision-making with the efficiency of private-sector procurement and oversight.

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