While Fino PayTech is the payment bank helping Ramesh and Rukmini, more new-age banking players have forayed into Nandganj. But are new-age financial services players like Fino or Paytm , ecommerce ventures like Flipkart or Amazon and data evangelists like Google or Reliance Jio also helping build our country? Education, healthcare, water and sanitation were focus areas, with the private sector outspending Indian public sector by three times. Other foundations created by private sector like the ones by Wipro chairman Azim Premji or Reliance Industries or Infosys also pushed boundaries with their work. “The concept of small is beautiful, has not been able to deliver agri-productivity and the private sector must look for a way in which it can play a larger role, which is tough without land ownership,” he says.

Source: Economic Times August 12, 2017 19:35 UTC