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Defence Minister Rajnath Singh on Wednesday lauded India's digital and economic reforms, calling the Unified Payments Interface (UPI) a "game-changer" and the Goods and Services Tax (GST) a "model of national economic integration rooted in trust" during his keynote address at the Confederation of Indian Industry (CII) Annual Business Summit 2025. Singh emphasized that both UPI and GST have played transformative roles in enhancing ease of doing business in India while reinforcing the spirit of c
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FAQ :
Rajnath Singh called the Unified Payments Interface (UPI) a 'game-changer' and a 'behavioural transformation'.
Rajnath Singh described the Goods and Services Tax (GST) as a 'model of national economic integration rooted in trust' and a 'model of national integration built on the foundation of trust between the Centre and States'.
Rajnath Singh made these remarks at the Confederation of Indian Industry (CII) Annual Business Summit 2025.
According to the Defence Minister, both UPI and GST have played transformative roles in enhancing the ease of doing business in India and reinforcing the spirit of cooperative federalism.
Yes, Rajnath Singh mentioned that many countries are now trying to replicate India's UPI model, which he sees as proof of India's digital leadership.
Rajnath Singh argued that trust is a critical pillar for families, economies, and nations, and that India's recent success is due to a deliberate policy of fostering trust.
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