Manama, Aug 24: Prime Minister Narendra Modi on Saturday said the RuPay card will soon be launched in Bahrain after India and the Gulf nation signed a MoU to allow the Indian expatriates hassle-free money transfer at cheaper costs.
RuPay card scheme was launched in 2012 to fulfil the Reserve Bank of India's vision to have a domestic, open and multilateral system of payments.
"I am glad that you will be able to transact in Bahrain soon with RuPay card. Today there is a MoU signed for use of RuPay card," the prime minister told thousands of Indians assembled at the Bahrain National Stadium here.
"Our intention is to provide you the facility to send money to your home in India through RuPay Card. Now you will be able to say that "Bahrain - Pay with RuPay," he said.
This will also allow the Indian community in Bahrain to transact at cheaper, he said.
RuPay facilitates electronic payment at all Indian banks and financial institutions.
Earlier in the day, Modi launched the RuPay card in Abu Dhabi, making the UAE the first country in the Middle East to initiate the Indian indigenous system of electronic payment.
India has already launched the RuPay card in Singapore, Bhutan and the UAE.
The UAE was added to the list on Saturday during the prime minister's visit to Abu Dhabi.
RuPay is a highly secure network that protects against cyberhacks and is India's version of Master Card and Visa.
Today, there are close to 500 million RuPay cards in circulation in India.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Guwahati: Normal life was affected in parts of Assam on Friday as a students' union observed a 12- hour bandh in the state over exclusion of members of an indigenous group from the final NRC. Asserting that the updated register, published on August 31, was "full of errors", the All Koch Rajbongshi Students' Union (AKRSU) demanded that members of its community, who have been left out, be immediately included.
One of the protesters told reporters that AKRSU will not accept the final NRC as "the list was full of errors". He also said that thousands of Koch Rajbongshi people have been excluded from the register. Official sources said no incident of violence has been reported from any part of the state, but the protesters were seen burning an effigy of state NRC Coordinator Prateek Hajela at Nalbari district's Kauli area.
Almost all shops, banks, educational institutes and offices remained closed in Koch Rajbongshi-dominated areas of Morigaon, Kokrajhar, Chirang, Baksa, Nalbari, Nagaon and Sivasagar districts, the sources said. Private vehicles also stayed off the roads, though state-run long-distance buses plied on national highways with police escort, they said.
Five agitators, including AKRSU's Kumarkata unit president Deepak Roy, were detained by the police during the day as they refused to lift a road blockade.
The 12-hour shutdown, however, did not have much impact on Guwahati, the sources added. More than 19 lakh of the 3.29 crore applicants have been excluded from the final National Register of Citizens (NRC), released in Assam last month.