By PTI
PARIS: Prime Minister Narendra Modi on Thursday mentioned that India and France have agreed to make use of Unified Payments Interface (UPI) on this European nation, opening an enormous new marketplace for Indian innovation.
Addressing the Indian group on the La Seine Musicale, a performing arts centre on an island in river Seine, Modi mentioned very quickly Indian vacationers will have the ability to make rupee funds utilizing UPI from atop the Eiffel Tower.
“In France, an agreement has been made for the use of India’s UPI…It will be started from the Eiffel Tower, and now Indian tourists would be able to make payments in Rupees, through UPI, in the Eiffel Tower,” the prime minister mentioned.
In 2022, the National Payments Corporation Of India (NPCI), the umbrella organisation that provides UPI companies, signed an MoU with France’s quick and safe on-line fee system, known as Lyra.
In 2023, UPI and Singapore’s PayNow signed an settlement, permitting customers in both nation to make cross-border transactions.
The UAE, Bhutan, and Nepal have already adopted the UPI fee system.
The NPCI worldwide is in talks to increase the UPI companies within the US, European international locations, and West Asia.
Amid chants of ‘Modi, Modi’ and ‘Bharat Mata ki Jai’, Modi additionally mentioned in a number of weeks or months from now a statue of nice Tamil thinker Thiruvalluvar might be constructed within the Cergy Prefecture.
Modi mentioned France has determined to grant long-term five-year visas for college kids pursuing a masters diploma in France.
The Prime Minister additionally appealed to the Indian group to spend money on an enormous manner in India because it makes speedy strides to emerge as a developed nation.
“Today every rating agency is saying that India is a bright spot. You invest in India now. This is the opportune time. Those who invest early will reap benefits,” Modi mentioned.
Modi additionally recalled a private reference to France relationship again to not less than 4 a long time when he had turn out to be the primary member of Alliance Francaise Centre in Ahmedabad manner again in 1981.
“My attachment to France is quite old, and I can never forget it. Around 40 years ago, a cultural centre of France was started in Ahmedabad, Gujarat, and the first member of that very centre is today talking to you,” the prime minister mentioned.
Modi mentioned India is the mom of democracy and the mom of variety.
“This is our greatest strength. In India, there are more than 100 languages, 1,000 dialects. More than 32,000 newspapers get published every day in these languages,” the prime minister mentioned.
PARIS: Prime Minister Narendra Modi on Thursday mentioned that India and France have agreed to make use of Unified Payments Interface (UPI) on this European nation, opening an enormous new marketplace for Indian innovation.
Addressing the Indian group on the La Seine Musicale, a performing arts centre on an island in river Seine, Modi mentioned very quickly Indian vacationers will have the ability to make rupee funds utilizing UPI from atop the Eiffel Tower.
“In France, an agreement has been made for the use of India’s UPI…It will be started from the Eiffel Tower, and now Indian tourists would be able to make payments in Rupees, through UPI, in the Eiffel Tower,” the prime minister mentioned.googletag.cmd.push(perform() googletag.show(‘div-gpt-ad-8052921-2’); );
In 2022, the National Payments Corporation Of India (NPCI), the umbrella organisation that provides UPI companies, signed an MoU with France’s quick and safe on-line fee system, known as Lyra.
In 2023, UPI and Singapore’s PayNow signed an settlement, permitting customers in both nation to make cross-border transactions.
The UAE, Bhutan, and Nepal have already adopted the UPI fee system.
The NPCI worldwide is in talks to increase the UPI companies within the US, European international locations, and West Asia.
Amid chants of ‘Modi, Modi’ and ‘Bharat Mata ki Jai’, Modi additionally mentioned in a number of weeks or months from now a statue of nice Tamil thinker Thiruvalluvar might be constructed within the Cergy Prefecture.
Modi mentioned France has determined to grant long-term five-year visas for college kids pursuing a masters diploma in France.
The Prime Minister additionally appealed to the Indian group to spend money on an enormous manner in India because it makes speedy strides to emerge as a developed nation.
“Today every rating agency is saying that India is a bright spot. You invest in India now. This is the opportune time. Those who invest early will reap benefits,” Modi mentioned.
Modi additionally recalled a private reference to France relationship again to not less than 4 a long time when he had turn out to be the primary member of Alliance Francaise Centre in Ahmedabad manner again in 1981.
“My attachment to France is quite old, and I can never forget it. Around 40 years ago, a cultural centre of France was started in Ahmedabad, Gujarat, and the first member of that very centre is today talking to you,” the prime minister mentioned.
Modi mentioned India is the mom of democracy and the mom of variety.
“This is our greatest strength. In India, there are more than 100 languages, 1,000 dialects. More than 32,000 newspapers get published every day in these languages,” the prime minister mentioned.
