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Detailed explanation-1: -Real-time payments expected to boost India’s GDP by $45.9 bn in 2026. Real-time payments are expected to enhance India’s GDP by US$ 45.9 billion by 2026, with real-time payments transaction volumes expected to top 206 billion.

Detailed explanation-2: -The government had previously said India would become a $5 trillion economy by 2025.

Detailed explanation-3: -India is expected to become a $7 trillion economy by 2030, Chief Economic Advisor V Anantha Nageswaran predicted on Tuesday.

Detailed explanation-4: -India, which is driving the global digital economy, has already clocked about 70 billion digital payment transactions in 2022-the highest in the world. This is a sharp increase from the corresponding figure of 44 billion in 2021, according to data collation portal Statista.