India's Digital Revolution Lifts 80 Crore Out of Poverty: UNGA President

Brief by Shorts91 Newsdesk / 07:07am on 02 Aug 2024,Friday India Global

United Nations General Assembly President Dennis Francis commended India's digital revolution, stating that 80 crore people have been lifted out of poverty in the past five to six years due to smartphone adoption. He noted that rural Indians, previously without access to banking services, can now make payments and receive transactions using their smartphones. Francis highlighted India's digitalization as a key factor in rapid development, citing it as a prime example of how technology can drive economic growth and financial inclusion. He made these remarks at the Food and Agriculture Organisation's 'Zero Hunger' event.

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