PM continues attack on Cong, says Rajiv Gandhi scrapped Inheritance tax to reap benefits
Addressing an election rally at Morena in Madhya Pradesh in the morning the PM launched a barrage of accusations on the Congress.
Prime Minister Narendra Modi and his Singapore counterpart Lee Hsien Loong will witness the launch of cross-border connectivity between the Unified Payments Interface (UPI) of India and PayNow of Singapore tomorrow via video conferencing.
The launch will be done by RBI Governor Shaktikanta Das Managing Director of the Monetary Authority of Singapore (MAS) Ravi Menon.
India has emerged as one of the fastest-growing ecosystems for fintech innovation. The PM’s leadership has been instrumental in driving globalisation of India’s best-in-class digital payment infrastructure.
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A key emphasis of the PM has been on ensuring that the benefits of UPI are not limited to India only, but other countries too benefit from it.
”The linkage of these two payment systems would enable residents of both countries to the faster and cost-efficient transfer of cross-border remittances. It will also help the Indian diaspora in Singapore, especially migrant workers and students through instantaneous and low-cost transfer of money from Singapore to India and vice-versa,” an official press note said.
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