Budget 2017 Highlights: Nine buttons Arun Jaitley pressed for digital economy - News Summed Up

Budget 2017 Highlights: Nine buttons Arun Jaitley pressed for digital economy


NEW DELHI: The government continues its push for a digital, less-cash economy after the big-bang measure of demonetisation in November last year. Budget 2017 proposes crucial steps to replace cash with digital transactions.Below are the six measures Finance Minister Arun Jaitley proposed in Budget 2017 to widen the digital economy:1. Aadhar Pay, a merchant version of Aadhar Enabled Payment System, will be launched shortly.3. Banks have targeted to introduce additional 10 lakh new POS terminals by March 2017. They will be encouraged to introduce 20 lakh Aadhar basedPOS by September 2017.6.


Source: Economic Times February 01, 2017 08:40 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */