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Indian fintech's success an example of popular support for reforms: Modi

India got record amount of foreign investments last year during the coronavirus pandemic, says Prime Minister in Hyderabad.

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3 min read Last Updated : Aug 01 2023 | 5:19 PM IST

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Indian fintech comprises 40 per cent of the world’s digital transactions, said Prime Minister Narendra Modi on Thursday as he cited the industry as an example of people supporting economic reforms done honestly and will power.

He said that even during global supply disruptions due to the coronavirus and the war in Ukraine, India became the biggest growth centre in the world by getting record foreign direct investment (FDI).

“After 2014, we are seeing political will power and continuous reforms. We have shown that with honesty and willpower, the reform process is taken ahead, people’s support will come,” Modi said,

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