Prime Minister Narendra Modi throughout his historic two-day go to to France made a number of bulletins bringing in nice advantages for India and the Indians in France. PM Modi introduced that Indian college students pursuing Master’s levels in France will now be granted a five-year post-study work visa. Indian college students had been beforehand granted a two-year work visa.
PM Modi additionally introduced the opening of a brand new Indian consulate in Marseille.
“Last time when I came to France, it was decided that Indian students studying in France would be given a 2-year post-study work visa. Now it has been decided that Indian students will be given a five-year post-study work visa,” whereas chatting with the Indian neighborhood at La Seine Musicale in Paris.
It is fascinating to notice that over the previous three years, the variety of Indian college students learning in France has steadily elevated. Over 6,000 individuals who wished to review overseas in recent times picked France. It is estimated that round 40% of scholars are enrolled in grasp’s programmes, 21% in bachelor’s, and 39% in increased schooling, together with PhD programmes.
Laying emphasis on connecting academicians and professionals to India, PM Modi mentioned, “Friends, there are a lot of people in France who work in academics and research, including professors and teachers. When I encounter academics and professionals from other countries, they often ask how they may relate their knowledge, experience, and experience to India. Let me give you some good news that we have respected these teachers as well. Such friends now have it simpler to study in Indian institutions.”
PM Modi praises India’s development in UPI
Prime Minister Modi outlined that digital infrastructure is a outstanding sector bolstering the partnership between India and France. He additionally boasted the truth that 46% of worldwide real-time cost transactions happen in India.
“You will be proud to learn that 46% of global online payment transaction takes in India. I urge you all (Indian diaspora in France) to visit India without any cash but only with your mobile phones having the UPI app. You can travel and stay in India without having to spend cash,” PM Modi mentioned.
India and France are intently cooperating within the digital world. pic.twitter.com/jkd1a6ek00
— Narendra Modi (@narendramodi) July 13, 2023
Interestingly, within the yr 2022, India recorded 89.5 million digital transactions. India accounted for 46% of all real-time digital funds made globally in 2022, and its complete digital cost transactions exceeded these of the opposite 4 prime economies put collectively.
UPI in France
Prime Minister Narendra Modi in a serious enhance to India’s ambitions within the enviornment of the digital financial system, introduced that an settlement is in place for using the Unified Payments System or UPI 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 Eiffel Tower,” PM Modi mentioned.
It is price recalling that in 2022, the National Payments Corporation of India (NPCI), the regulating group that gives UPI companies, signed a Memorandum of Understanding (MoU) with Lyra, France’s main on-line cost system. The UPI cost system is already used within the UAE, Bhutan, and Nepal.
NPCI International has signed an MOU with Lyra Network of France for acceptance of UPI and RuPay playing cards in France.
@AshwiniVaishnaw @GoI_MeitY pic.twitter.com/MOwGyE2zPe
— NPCI (@NPCI_NPCI) June 16, 2022
After the settlement introduced by PM Modi goes into impact, Lyra Networks’ terminals and machines will settle for funds made with UPI and Rupay playing cards from Indians, making it less complicated for Indian vacationers and college students to pay.
On the invitation of French President Emmanuel Macron, Prime Minister Modi will attend the Bastille Day Parade as a Guest of Honour. This go to additionally commemorates the twenty fifth anniversary of the India-France Strategic Partnership.
On Thursday, French President Emmanuel Macron bestowed the Grand Cross of the Legion of Honour on PM Modi. It is the best French honor in army or civilian orders. With this, PM Modi turns into the primary Indian PM to obtain this honor.
