ETtech Morning briefing: India falls short of 25Bn digital txns, Fintech Budget sops & more

ETtech Morning briefing: India falls short of 25Bn digital txns, Fintech Budget sops & more

1. 25 billion digital transactions- not there yet What’s the news? The government is set to fall drastically short of its ambitious target of 25 billion digital transactions for this financial year, but experts insist that its multi-pronged efforts to promote a less-cash economy have been not all in vain. Only about 14.8 billion digital transactions were undertaken across India from April 1 to January 28, show data sourced from the ministry of electronics and IT (MeitY). This includes bank-to-bank electronic money transfers, digital wallet payments, Aadhaar-based and electronic toll payments. What is this 25 billion number? Finance minister […]

Leave a Reply