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#Thread 🧵| UPI 2.0

RBI is set to launch new features for UPI 2.0.

UPI is set to give stiff competition to VISA and MasterCard monopoly as UPI goes international.

First let’s know about the countries Adopted UPI for digital payments.

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🔘#Liquidgroup signed an agreement with NIPL in Sept 2021.

They will provide UPI based QR code payment system in Singapore, Malaysia, Thailand, the Philippines, Vietnam, Cambodia, Hong Kong, Taiwan, South Korea, and Japan by 2022 Q1.


Similarly Arab Monetary Fund signed an agreement with #NIPL to connect UPI with Buna payment platform in March 8, 2022 .
Read 10 tweets
1/n रिलायंस इंडस्ट्रीज लिमिटेड (आरआईएल) की 45वीं वार्षिक आम सभा (AGM) के मुख्य बिंदु
2/n रिलायंस इंडस्ट्रीज लिमिटेड के चेयरमैन एवं प्रबंध निदेशक श्री मुकेश अंबानी ने कंपनी की 45वीं वार्षिक आम सभा (AGM) में सभी शेयरधारकों का स्वागत किया
3/n मुझे, हमारी व्यक्तिगत बातचीत और हमारा गर्मजोशी से मिलना याद आता है। मुझे पूरी उम्मीद है कि अगले साल हम एक हाइब्रिड मोड पर मिलेंगे, जो भौतिक और डिजिटल दोनों तरीकों का एक संयोजन होगा: मुकेश अंबानी
Read 73 tweets
1/n 45th Annual General Meeting (Post-IPO) of Reliance Industries Limited (RIL) begins…
2/n Shri Mukesh Ambani, Chairman and Managing Director, Reliance Industries Limited, welcomes all the shareholders to the company’s 45th Annual General Meeting
3/n I miss the warmth and bonhomie of our personal interactions. I sincerely hope that next year, we will be able to switch to a hybrid mode, which will combine the best of both physical and digital modes: Mukesh Ambani
Read 80 tweets
Are you still using Visa, Master Card or AmEx?

Time to switch to #RuPay for domestic transactions & also for select foreign countries.

Use American cards only for global travel.

Ask your bank to change your cards to RuPay today.

If we are not #Atmanirbhar we are in risk.
Same goes for GooglePay, Apple Pay and even Chinese backed PayTM.

For all your payment needs use UPI exclusively.

India has banned many foreign companies who have Chinese investors so it is about time we tell Indian companies to stop taking funding from 🇨🇳 or 🇺🇸.
India has been sanctioned by West many times. We didn’t feel the pinch then as we were not digital then, now you will feel the pain.

So at least ensure your critical day to day things don’t reply on foreign companies. This goes for your earnings as well if you are YouTuber etc.
Read 7 tweets
One-time disbursement of Special #FestivalAdvance,to amount to Rs4000Cr

If given by all state govts,another 8000Cr is expected to be disbursed& employees can spend on any festival

Interest free advance of Rs 10000 under #SpecialFestivalAdvance,to be paid back in 10 instalments
Govt employees will get pre loaded #Rupay card of advance value&scheme will be available till March 31st 2021,for #FestivalAdvance scheme

For #LTCCashVoucher scheme,cost will be Rs 5675Cr for central govt employees who opt for it,leading to demand infusion of 19000Cr
For PSUs&PSB employees who opt for #LTCCashVoucher,cost will be Rs1900Cr&demand infusion will be for 9000Cr

To avail of #LTCCashVoucher,you have to buy goods with #GST of 12% or more,via digital modes

With #COVID19 derailing travel plans,cash voucher in lieu of LTC,a good move
Read 5 tweets
Today we mark the 6th Anniversary of Pradhan Mantri Jan Dhan Yojana (PMJDY). PMJDY aims to provide access to various financial services including Remittance, Credit, Insurance, Pension, Banking Savings & Deposit Accounts in an affordable manner. Image
Achievements under Pradhan Mantri Jan Dhan Yojana.

🔹More than 40.35 crore beneficiaries banked under PMJDY since inception, amounting to Rs. 1.31 lakh crore 

#6yearsofjandhanyojana Image
🔹Deposits under PMJDY accounts.

Total deposit balances under PMJDY Accounts stand at Rs. 1.31 lakh crore

Deposits have increased about 5.7 times with increase in accounts 2.3 times (Aug’20 / Aug’15) Image
Read 5 tweets

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