New Delhi, June 18 -- At the Digital Payment Award distribution ceremony held in the national capital, Union Minister for Finance & Corporate Affairs Nirmala Sitharaman hailed India's extraordinary achievements in digital payments and financial technology, noting that the country is now leading the world in real-time digital transactions.

"In terms of digital payments, India is not just catching up -- it is ahead of the world," she declared, as the audience of innovators, policymakers, and industry leaders applauded. "The pace of innovation we are witnessing in India is a dream for many developed nations."

Minister Sitharaman emphasised that India's fintech sector is not only progressing rapidly within its own ecosystem but is also rede...