According to the Paytm blog, Paytm has been at the forefront of India’s digital revolutions with its technology-led innovations that have empowered users with a ‘Made in India’ payments platform. The platform has been revamped, ensuring that the previous technology platform is upgraded with new-age tech solutions that are locally built and supported in-house. With a world-class platform that can handle 10X of the current scale, we have set a gold standard for fintechs, aimed at handling fast-growing digital payments opportunities in the country. We have been investing heavily in India’s mission of building a trillion-dollar digital economy. 

Paytm’s Founder and CEO, Vijay Shekhar Sharma, said that the upgraded platform is a key milestone in the journey of Paytm payment platforms from pioneering new innovations in building solutions for India’s small and large merchants. The upgraded platform is expected to handle fast-growing digital payment opportunities in the country.

Paytm tweets that We are happy to announce the launch of our next-generation payments platform powered by 100% Made-in-India technology. This platform is a shining example for Atmanirbhar Bharat which supports the @Paytm business to easily scale 10x of today!

Ravi Karkara also tweets Huge Mega Congratulations @vijayshekhar

Launch of @Paytm

next-generation payments platform powered by 100% Made-in-India technology. This platform is a shining example for #AtmanirbharBharat

The relief package will focus on four areas to Liquidity, Land, labor, and law to fight economic distress. Special attention has been given to MSME, small business, and co-operative business. The new economic package empowers everyone with a focus on street vendors and labor, who tend to get neglected. This package is for those who will take India forward. The package will have important announcements for every sector that has been touched by the coronavirus.

PM Modi said India’s self-reliance strategy will stand on five pillars:

• Economy
• Infrastructure
• Technology-driven
• Demography
• Demand

The economic package will boost “Make in India”. The package will include easy and transparent taxation, strengthen the financial system, and will create a better human resource.

During the COVID-19 crisis, local suppliers have met our demands; PM Modi has urged people of the nation to be ‘vocal for the local’ and use locally made products and propagate them too.

In the last PM, Modi said we have to be stronger, save ourselves and keep moving forward at the same time. The 21st century will belong to India, but this is not just a dream but our responsibility too, and to achieve it there is only one way: “self-reliant India”.

The PM said Lockdown 4.0 will be entirely different and will have new rules. It will be based on suggestions by the states and details will be informed by May 18. “We will fight and will move forward by following rules.