After note ban spike in digital transactions was mostly due to lack of an alternative option. When cash returned, people went back to their old ways
Most of us have moved online already and those who haven’t will eventually do. Just like the way you had to gulp down that bitter cough syrup, whether you liked it or not
Technology based companies have appreciated government's push for digital economy and cyber security measures announced in the Union budget today.
The recently released advanced GDP estimates, which forms the basis of FM’s budget estimates and growth projections, has been arrived at with just nine month data and without reflecting on the impact of demonetisation.
Relaxations in the form of corporate tax concessions could result in companies with reduced corporate tax to be able to expand faster. Reduction in corporate tax would also mean that the prices of products will ultimately come down.
The Modi government can’t blame an old law to continue protecting dubious political funding.
The world is slowly warming up to the digital revolution being unleashed in India. Even trenchant critics of globalisation feel that India is doing the right thing by trying to reduce cash in daily transactions. The country is at the cusp of a breakthrough orchestrated by several initiatives all anchored to digital technology and Aadhaar.
The US can learn many lessons from India's move towards a cashless economy, a top Silicon Valley expert has said while underlining that India "may have leapfrogged" American technology industry with simple and practical innovations.
Three things Union Budget should look at in context of digitisation: faster implementation, quality of basic digital infra, and impact of technology on jobs
Even if RBI opposed demonetisation, the government would have gone ahead with it.
The finance minister has given an indication that there will be steps in Budget to push digitisation
There has been a surge in the number of cyber security incidents in the country with 39,730 such incidents till October 2016, a study by an industry chamber said on Wednesday.
Niti Aayog to rank states on digital transactions and initiatives taken to promote a less-cash economy
To foster competition among states, Niti Aayog has sought data on digital transactions from them within 10 days so that they can be ranked on the basis of initiatives taken to promote less-cash economy.
Airtel has announced the launch of India’s first payments bank, which has commenced operations pan India today.
With a sharp surge in card payments, either the government will have to bear the burden or let those consumers who would want to use cards for transactions pay the extra charge
Food tech sector, which has been on shaky grounds for sometime, is expected to be affected, at least in the short term
Muhammad Yunus has said that demonetisation has brought the rural and unorganised sectors into the banking fold
Anil Bokil is an engineer by profession and the founder of Arthkranti NGO. He has been working for and propagating cashless transactions for the last 20 years. Bokil had met Narendra Modi when he was the chief minister of Gujarat in August 2013 and had spoken to him on demonetisation.
Both Paytm and the demonetisation drive are products of grand ambitions, they’ve both suffered from shaky execution, and they will, undoubtedly, play an outsized role in shaping the future of the Indian economy in the time to come.
Design will need to tackle several important issues in 2017, including helping people distinguish between real and fake news, making the 'cashless' experience in post-demonetisation India simpler, and creating homes that are safe for a growing population of the elderly