In a bid to boost 'digital India', Prime Minister Narendra Modi on Monday launched e-RUPI, a person and purpose specific cashless digital payment solution, via videoconference.
Modi said the eRUPI voucher was a symbol of how India was progressing by connecting people’s lives with technology.
He expressed happiness that this futuristic reform initiative had come at a time when the country was celebrating the Amrit Mahotsav on the 75th anniversary of Independence.
Modi observed, “eRUPI will ensure that the money is being used for the purpose for which any help or any benefit is being provided’’.
Earlier, technology was considered a domain of the rich people, “Today we are seeing technology as a tool to help the poor, a tool for their progress,’’ he pointed out.
The e-RUPI platform has been developed by the National Payment Corporation of India (NPCI), Department of Financial Services, Ministry of Health and Welfare and the National Health Authority.