Budget reiterates the Govt intent to accelerate digitisation in economy: DBS Bank India
Additionally, encouraging measures for start-ups should boost digital entrepreneurship as well as efforts to increase digital literacy particularly in rural India will strengthen the Digital India transformation process.
Jul 05, 2019 02:07 IST India Infoline News Service
The Union Budget reiterates the Government’s intent to accelerate digitisation in the economy. Incentivising digital transactions through measures such as a 2% levy on cash withdrawals from bank accounts above a cumulative one crore per annum threshold and reduced merchant discount rates can structurally change adoption levels.
Additionally, encouraging measures for start-ups should boost digital entrepreneurship as well as efforts to increase digital literacy particularly in rural India will strengthen the Digital India transformation process.
- Surojit Shome, General Manager & Chief Executive Officer of DBS Bank India
Additionally, encouraging measures for start-ups should boost digital entrepreneurship as well as efforts to increase digital literacy particularly in rural India will strengthen the Digital India transformation process.
- Surojit Shome, General Manager & Chief Executive Officer of DBS Bank India
