
Pakistani foreign policy expert Uzair Younus said his visit to India felt like he was visiting a state from the future. He said that the Pakistani public is being fed the “lies of hate for the sake of politics.” Younus was speaking about his experience during a recent visit to India, the country’s digital strides and communal harmony as well as extremely high inflation in Pakistan at a podcast on a YouTube channel named The Pakistan Experience, news agency ANI reported.
He said Indians have a ‘this is our moment’ attitude due to the investment in infrastructure development and efforts to digitise the economy. Younus stated, “The Indians are brimming with energy. They exude positive vibes and an attitude that ‘this is our moment. If not now, then never.” He added that he was impressed when he saw a cobbler and a paan shop owner in Mumbai offering QR code scanners for digital payment.
Younus added that he also saw people eat kachoris at eateries and leave just like that. He said, “I was wondering why the shopkeeper was allowing his customers to leave without paying for their meals. Then I saw that there was a Paytm QR code and the customers were simply scanning the code to make the payments.”
He added that fintech companies in India sell smart speakers connected to the merchant’s wallet so that he can keep track of the payments received. These speakers make an announcement every time a payment is received. After this, the host of the podcast asked Younus if he had visited a state of the future. To this, the foreign policy analyst said yes.
Younus added that cash circulation in India is 13 per cent of the country’s GDP, lower than 20 per cent in Pakistan. The Pakistani analyst also stated he was blown away by how everyone in India has zero balance accounts, UPI and mobile phones. He also explained that the cost of sending money via UPI is zero since the government provides the requisite infrastructure.
He noted, “The cost of sending money on UPI is zero because the Indian government provides for the necessary infrastructure. The Indian government mandates that every citizen with an Aadhaar card should have the right to zero balance, zero cost bank account.”
Like many Pakistanis nowadays, Younus also said that the measures taken by the incumbent Narendra Modi-led NDA government in India have transformed lives. He added that government subsidies made digital wallets more popular and encouraged the delivery of services online, reduced corruption, and enabled more online payments.
He further underscored that Indians cannot only open a bank account on an e-wallet but also avail insurance and credit. Younus said, “This is what the Modi government has done in India. He was criticised at the time and was blamed for wasting government money. People said that opening bank accounts with zero balance, with subsidies from banks, would result in nothing. But it has transformed lives.”
(With ANI inputs)
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