Indian Prime Minister Narendra Modi recently announced that India and France have agreed to use the Unified Payments Interface (UPI) payment system. This collaboration will begin at the famous Eiffel Tower in France, allowing Indian tourists to make payments in Indian Rupees (INR).
Helping Trade and Tourism
The decision to use UPI in France is a big step for trade and tourism between India and France. UPI is a system in India that lets people make payments anytime using their phones. Now, Indian tourists can use this system to pay in Rupees when they visit the Eiffel Tower and other places in France.
Digital Transformation and Working Together
Prime Minister Modi talked about how digital platforms, like UPI, have made big changes in India. He was happy that India and France are working together on this. They also work together on things like studying old artifacts. PM Modi said that digital technology helps bring India and France closer.
Helping People and Ending Poverty
PM Modi mentioned a study by the International Monetary Fund (IMF) that says extreme poverty in India is almost gone. He said this is not only good for India but also for the whole world. India is working hard to make life better for its people and for everyone.
Remembering the Past and Being Friends
Prime Minister Modi also talked about Indian soldiers who fought bravely for France a long time ago. He said that one of the regiments that fought in the war will be in the National Day Parade in France. This shows the strong friendship between India and France. PM Modi and French President Emmanuel Macron will watch the parade together.
Conclusion
India and France working together to use the UPI payment system is a big deal. Indian tourists can now easily pay in Rupees when they visit the Eiffel Tower. This helps make trade and tourism better between the two countries. The friendship between India and France is very important, and they are helping each other in many ways.
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FAQs
What is UPI?
UPI is a system in India that allows people to pay using their phones anytime.
Why is using UPI in France important?
Using UPI in France makes it easy for Indian tourists to pay in Rupees and helps trade and tourism between India and France.
How does digital technology help India and France?
Digital technology brings India and France closer and helps them work together on different things, like studying old artifacts.
What did the IMF study say about poverty in India?
The IMF study said that extreme poverty in India is almost gone, which is good for India and the whole world.
How do India and France show their friendship?
India and France show their friendship by doing things together, like having their soldiers march in each other’s national parades.
