Finance Minister Nirmala Sitharaman, on April 28, reviewed the UPI ecosystem with key financial leaders in a high-level meeting. She set a target of achieving one billion UPI transactions per day within two to three years. The meeting focused on system resilience, cybersecurity, and user expansion amid recent platform outages.

BulletsIn

• Target set: 1 billion UPI transactions per day in next 2–3 years
• FM Sitharaman reviewed UPI progress on April 28
• Current user base: 45 crore annually active users
• FY25 value: ₹261 lakh crore in UPI transactions, 30% growth
• Volume in FY25: 18,586 crore transactions, 42% growth
• Focus: strengthen cybersecurity, ensure platform stability
• Recent outages prompted directive to improve platform resilience
• Push for more users, merchants to adopt UPI
• Global UPI acceptance and international expansion key priorities
• Real-time monitoring and scalable infrastructure highlighted