‘We have rocked the world’: US envoy on India's digital payments, fintech growth

US envoy Eric Garcetti said, "A 'tea wala' in a village makes sure that she gets direct payment from the govt on her phone, a 100% of each one of those rupees".

Published on: Jun 13, 2023, 20:06:42 IST

By HT News Desk

Prefer HTon Google

Share via

Copy link

US ambassador to India Eric Garcetti on Tuesday hailed India's strides in digital payments and financial technology.

US ambassador to India Eric Garcetti speaks at an event in New Delhi. (Twitter/ANI)

"When I look at digital payments and financial tech that India has, we have rocked the world. A 'tea wala' in a village makes sure that she gets direct payment from the govt on her phone, a 100% of each one of those rupees... I recently had a dinner with a group of multi-faith leaders in India, one of them said “We hear all these talks about 4G, 5G and 6G, but here in India we have something more powerful than that-'Guruji”, ANI quoted him as saying at an event.

Garcetti also hailed national security advisor Ajit Doval, calling him an ‘international treasure’. “Ajit Doval, a village boy from Uttarakhand who has not only become a national treasure but an international treasure... When I look at the foundation between the United States and India, it is so strong, it is so clear that Indians love Americans and Americans love Indians”, Garcetti, who took over as US envoy in India three years after his predecessor Kenneth Juster had completed his term, added.

The event was also attended by US national security advisor Jake Sullivan, who is in the capital to finalise the agreements which will be signed during Prime Minister Narendra Modi's visit to the United States next week.

“US President Joe Biden is thrilled to see what is happening here and to watch how things unfold... As we look ahead to the state visit that PM Modi will be embarking upon in Washington next week, a number of the deliverables at that visit are not just bullet points on a page, they are fundamentally designed to remove obstacles in defence and high-tech trades and in taking away obstacles that have stood in the way of better collaboration among our scientists and researchers”, Sullivan said.

ABOUT THE AUTHOR
HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

Pm Modi

Check India news real-time updates, latest news on Hindustan Times and more across India.