The article is from a cryptocurrency perspective and it does not hold any weight if you check the background of the publishing house. She might have compared based on how far the Indian stock market is left behind when the whole world is admiring instant payment through UPI and the cryptocurrency industry has been thriving due to instant payment.
This is propaganda as I am certain you would have skipped watching the complete video since you are blindly following the article, with your replies. I have not watched the video but if possible can you decode the complete interview?
I watched again the video for the sake and She really not concerned about other stock markets of the world but it's mandatory to provide instantaneous settlements since alternatives like crypto market is instant and nowadays everything looks for instant results.
In the beginning she said, Indian stock market is already far ahead of most security exchanges with T+1 which will be rolled out by end of March 2024, and they are working on implementing T+0 settlement by the end of next year which she added.
You may ask Why it's essential to upgrade to T+0 when we are already far ahead with settlement and our security of Market mitigates any risk factor then she talked about Crypto and alternatives are instant and that's where we should Target.