UPI Goes Global: India and Nepal Connect Digital Payments
Big news for cross-border transactions! EAM S. Jaishankar and Nepal’s FM Shisir Khanal have officially launched the link between India’s UPI and Nepal’s National Payments Interface. This makes sending personal remittances across the border faster, smoother, and completely digital.
Rebuilding Together: Post-Earthquake Progress
India has officially handed over 84 key projects to Nepal under the post-2015 earthquake reconstruction initiative. These projects reflect our ongoing commitment to our neighbor's recovery:
- 72 New Health Facilities: Bolstering medical infrastructure across Nepal.
- 12 Cultural Heritage Sites: Restoring and preserving the shared history and religious legacy of the region.
Tech & Innovation: The Future of Collaboration
It’s not just about infrastructure; the focus is shifting to 'New India' domains like AI and tech. Highlights include:
- Voice-First Translation: An MoU between Digital India Bhashini and Kathmandu University to create a digital infrastructure for language translation.
- Future-Ready Sectors: Both nations are eyeing partnerships in startups, information technology, and renewable energy.
Strengthening the Bond
During the high-level meeting, EAM Jaishankar emphasized that the India-Nepal bond is built on more than just geography—it’s about shared trust and cultural roots. From ensuring uninterrupted fuel supplies to planning joint energy/hydropower projects, the partnership is stronger than ever.
"We share a very special relationship, one which is anchored by shared trust and goodwill," Jaishankar noted, setting the stage for a digitally connected future.
