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E-RUPI Launched By PM Modi: All You Need To Know

The system has been developed by NPCI on its UPI platform and involves banks who will be responsible for issuing these vouchers.

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Prime Minister Narendra Modi has launched the digital payment solution e-RUPI, a person and purpose-specific digital payment solution via video conference. e-RUPI is a cashless and contactless instrument for digital payment.

In addition to the government, if any organization wants to help someone in their treatment, education or for any other work, then they will be able to give an eRUPI voucher instead of cash. This will ensure that the money given by him is used for the work for which the amount was given, said PM Modi.

The Prime Minister noted that the development of digital transactions in India has empowered the poor and deprived, small businesses, farmers, and tribal population.  This can be felt in the record of 300 crores UPI transactions in the month of July amounting to  6 lakh crore rupees.

Addressing the event, the Prime Minister said that the eRUPI voucher is going to play a huge role in making DBT more effective in digital transactions in the country and will give a new dimension to digital governance. This will help everyone in targeted, transparent and leakage-free delivery. He said e-RUPI is a symbol of how India is progressing by connecting people’s lives with technology. He also expressed happiness that this futuristic reform initiative has come at a time when the country is celebrating the Amrit Mahotsav on the  75th anniversary of independence.

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E-RUPI eRupi narendra modi