India to record highest number of cashless transactions in world: Jaishankar at Raisina@Sydney

India is moving ahead to record the largest number of cashless transactions in the world, External Affairs Minister S Jaishankar said on Saturday at the Raisina @ Sydney Business Breakfast.

“If you look at our cashless transactions, the UPI, I think we record the largest number of cashless transactions in the world. So there’s been a kind of a technology leapfrogging in the psyche of people, and that’s been actually a very big difference,” Jaishankar said at the Raisina@Sydney Business Breakfast.

Raisina@Sydney Business Breakfast was organized jointly by the Australian Strategic Policy Institute (ASPI) and India’s Observer Research Foundation (ORF) at the InterContinental Hotel in Sydney.

“The digital was ensuring the integrity of delivery and transaction that would not have been possible equally on the financial side because we encouraged people to open bank accounts,…



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