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flag India expanded financial inclusion via 53 crore new accounts and digital reforms, driving 7.8% GDP growth and global recognition by 2025.

flag Since 2014, India has opened over 53 crore bank accounts, significantly boosting financial inclusion, with the government crediting 86 key banking reforms for reducing bad loans and strengthening the sector. flag Union Home Minister Amit Shah highlighted India’s rise in digital payments, led by UPI, and praised the Goods and Services Tax and other structural reforms as catalysts for sustained 7–8% economic growth, a 14% increase in foreign investment, and global recognition of India’s financial innovation. flag Finance Minister Nirmala Sitharaman emphasized the banking sector’s role in driving growth, calling for digital transformation, customer-centric policies, and improved grievance redressal, while noting India’s 7.8% GDP growth in Q2 2025 and the global acclaim of UPI. flag Both leaders underscored India’s progress toward becoming a developed nation by 2047 through inclusive policies, technological advancement, and resilience amid global uncertainties.

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