PM Modi News: Indian Prime Minister Narendra Modi is often on foreign tours. At present also PM Modi is on a tour of three countries. At present he has reached New Zealand on the last leg of this journey. PM Modi often buys many things during his foreign trips, but have you ever wondered how the PM makes payments abroad? You wouldn’t have thought, right? Neither would you know? So let us tell you.

How does PM Modi make payments?
When PM Modi was on his visit to Singapore in 2018, he had purchased a Madhubani painting from there. He had used RuPay card while purchasing this painting. So in August 2019, during an official visit to Bhutan, he bought local Bhutanese handicrafts and used RuPay card.

Also read: Ethanol Rice: Rigging in government ration! Ethanol maker FCI sold government rice to private mill

So during their visit to Abu Dhabi in February 2024, PM Modi and UAE President Sheikh Mohammed bin Zayed Al Nahyan had started linking India’s UPI with the UAE’s ‘AANI’ payment system and RuPay card with the ‘JAYWAN’ card there. During this, both the leaders also saw live transactions taking place by swiping each other’s cards.

Indians promote UPI
The purpose of Prime Minister Narendra Modi to buy these goods abroad and make the payment himself is to show Indian tourists and the world that India’s fintech technologies like UPI and RuPay are now completely safe and accepted at the international level. In such a situation, if Indian people go on a foreign trip then they should use these techniques only and not by exchanging currency.

In which countries does UPI and RuPay work?
Indian UPI and RuPay works in India including countries like France, United Arab Emirates (UAE), Singapore, Bhutan, Nepal, Sri Lanka, Mauritius, Qatar, Oman, South Korea. Although RuPay does not work in some parts of France, it does work in other parts.

Also read: 8th Pay Commission: Big noise from railway engineers, demand for major changes in the salary structure before the final report.

Indonesia is an important country in Asia, which is known for its large population, natural beauty and cultural diversity. This is the country with the largest Muslim population in the world, but despite this, a deep glimpse of Indian culture can be seen here.

The currency used in Indonesia is called Indonesian Rupiah. It is known as IDR internationally. The responsibility of issuing this currency and handling the economic policies of the country rests with Bank Indonesia, which is the central bank there.

Why is Indonesian Rupiah weak against Indian Rupee?

If we compare Indian Rupee and Indonesian Rupiah, it clearly shows that the value of Rupiah is much less. According to the report of Vice.com, for one Indian rupee, approximately 186 rupiah is available in Indonesia. That means, if a person from India goes to Indonesia with Rs 1 lakh, he can get more than Rs 1 crore 85 lakh Indonesian Rupiah there. However, this does not mean that the economy there is weak. The value of currency depends on many economic factors.

Picture of Lord Ganesha on currency of Muslim country

One of the most interesting things about Indonesia is that despite being a Muslim majority country, it presents a great example of religious tolerance. A large part of the population here is Muslim, while the Hindu population is very less. Despite this, the influence of Hindu traditions is clearly visible in the culture of Indonesia. The picture of Lord Ganesha can be seen on the 20,000 rupiah note of Indonesia. This picture symbolizes how much importance Indonesia gives to its historical and cultural heritage.

Ramayana, Mahabharata and the imprint of Hindu culture

Even today, the stories of Ramayana and Mahabharata are alive in Indonesia through plays, dances and folk arts. Lord Ganesha, Ram and other Hindu symbols are viewed with respect there. This is the reason why despite being a Muslim majority country, Hindu symbols remain a part of its currency and culture.

Why is Indonesia special?

Indonesia is not only known for its geographical beauty, but this country is also a unique example of religious coexistence and cultural diversity. Despite being a weak currency, its historical heritage and connection with India gives it a distinct identity from other countries.

Also read: Volodymyr Zelensky On Putin: ‘Putin’s death…’, Zelensky asked for prayers, the message given on Christmas created a stir, know what else he said?

RuPay Card In Russia: Russian President Vladimir Putin is on a two-day visit to India. During President Putin’s visit, many important agreements will be completed between India and Russia. Not only this, there will also be talks on starting a digital payment system between the two countries. If this happens, then Russia’s Fast Payment System i.e. SBP and India’s United Payment Interface i.e. UPI will be easily used by citizens of each other country.

Let us tell you that India and Russia are already talking about the use of RuPay card in Russia. If Vladimir Putin approves this agreement. So Indians will be able to use India’s Rupay card in Russia and someone from Russia comes to India. So the Mir card there will be able to be used in India. How much will be charged for this? How will this card work? Let us tell you the complete information.

How will Rupay be used in Russia and Russian Mir in India?

At present, Western countries have banned SWIFT and International Card Network for Russia. Due to which most of the people coming to India from Russia make payment in cash only. Similarly, MasterCard and Visa cards of travelers going from India to Russia are not able to be used there.

Also read: If you have done this work on social media, you will not be able to go to America, now these are the new conditions for getting a visa.

But because RuPay card is Indian and Mir Russian, citizens of both the countries can make payments anywhere through the card. For this, Russia’s SBP i.e. Faster Payments System will be used. This is exactly the way UPI works in India.

Will there be any charge?

When you use your country’s card somewhere abroad. So for this you have to pay some charges. Which is called foreign transaction fee. Approximately 1% to 3% has to be paid on every transaction. If you withdraw money from ATM abroad.

Also read: Now Modi government will impose cess on health and national security, there will be no impact on these things

So you may have to pay extra charges for this. If you use Indian RuPay card in Russia, you may have to pay these charges there also. Similarly, Russian people will be able to use Mir card in India. However, will there be any separate charges? Information about this will be available only when the official announcement is made.

Also read: Has the installment of Mahtari Vandan Yojana not come to your account, you can check the status in minutes like this