The Union Budget 2017-18 will help propel the country towards a digital future with the finance minister leveraging the digital theme in every part of it. Accelerated adoption of digital payments is likely given multiple initiatives. Another benefit is that we will have a digital footprint for even the unorganized sector. This footprint can help provide loans and other financial products to those who were previously excluded from the mainstream financial system. Mainstay infrastructure investment, including railways and roads, has also received a substantial increase with coordinated spending likely to increase the impact.

Source: Mint February 01, 2017 14:03 UTC