Speaking at a symposium on Financial Inclusion - Global Initiative, the minister said the Digital India push was meant to serve the poor and protect their interests.
"Internet connection to every village is the key and Internet accessibility at 35 per cent or 460 million users asof now is on the lower side," he said.
"BharatNet project is ambitious asit connects over 250,000 gram panchayats and six lakh villagesthrough high speed fibre connectivity," he added.
"Since January 1, 2017, more than 26.7 billion digital transactions have been completed in India. Since November 1, 1.15 billion transactions have already gone through. These number are significant considering that there are only 460 million internet users in the country amounting to 35 per centof internet penetration," said the minister.
More From This Section
Seeking to allay the misconception about Digital India, Sinha said it did not mean providing debit and credit cards and payment gateways for all, but to unveil products to the poor with negligible transaction costs.
The Minister claimed the financial inclusion willbe a revolution bigger than the industrial revolution.
He saidthe industrial revolution vested powers in the hands of a fewcapitalists whereas the Digital Financial Inclusion willprovide power to the masses.
Hailing the Digital India programme, he said, "The digital India programme was one of the best things that has happened to this country and I am sure every Indian government service will be linked to Aadhaar," he said.
Sinha said telecom remains the backbone and nerve centre of this programme as more users were coming online and doing their transactions on mobile phones.