Indian Economy News

Digital transactions rose to 3 crore a day in 2016: Ravi Shankar Prasad

New Delhi: Telecom Minister Ravi Shankar Prasad today said that digital transactions had risen to 3 crore a day in 2016 from only 66 lakh a day in 2013. 

Saying that 'Digital India' would lead to an empowered and inclusive nation, Prasad exhorted entrepreneurs to develop more technologies for education and social inclusion.

Here are the key points on Digital India from Ravi Shankar Prasad's speech:

  • Digital transactions a day were 66 lakh in 2013, 96 lakh in 2014, 1.3 crore in 2015 and 3 crore in 2016. 
  • India has 35 crore smartphones. 
  • India is being developed as the biggest destination for telecom manufacturing. 
  • 78 smartphone makers have approached the government to set up operations. 
  • Digital India is meant for the poor and the underprivileged.
  • India's talent + information technology = India's tomorrow.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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