<span style="color: #222222;">The Government on 8th Feb 2023 said that it is committed to expanding digital transactions in the country's economy, thereby enhancing the quality and strength of the financial sector and the ease of living for its citizens.<br />''<br />''In a written reply in the Lok Sabha, Minister of State for Electronics and IT Rajeev Chandrasekhar said digital payment transactions have significantly increased as a result of coordinated efforts of the government along with the stakeholders concerned. <br />''<br />''He said, from 2071 crore transactions in the 2017-18 fiscal worth 1962 lakh crore rupees, digital transactions have continuously increased to 8840 transactions worth 3021 lakh crore rupees during 2021-22. As per data available till December end last year, 9192 crore transactions worth 2050 crore also took place.<br />''<br />''Mr. Chandrasekhar pointed out that BHIM UPI has emerged as the preferred payment mode, recording 803 crore digital payment transactions with a value of around 13 lakh crore in January this year.</span><br />