“The Union Budget 2022 shows a strong commitment to India’s digital future. We applaud the government’s conviction in digital banking and welcome the move to set up 75 Digital Banking Units in 75 districts in the country. This will be a first step towards ensuring the citizens of the country, especially in the rural setting, are empowered and benefitted through digital banking systems. This was something quite visible in urban areas so far. Thus, the nation-wide transformative potential of the FinTech sector is well poised to be realized. Furthermore, the introduction of Digital Rupee is a landmark decision. We expect this will potentially be disruptive like the UPI. While it will enable efficient currency management as an immediate benefit, it will also accelerate the target of a digital and financially inclusive India.” – George Sam, Co-Founder & Business Head.
Coverages: Portal: Business World
Headline: Budget 2022 | Reactions From Corporate Experts
Portal: Free Press Journal
Headline: Digital economy-focussed Budget; will expedite growth of fintech
Headline: Budget 2022: This Is How India’s Top CEOs, Entrepreneurs Reacted To Budget (Good, Bad, Ugly?)
Portal: APN News
Headline: Post Budget Reaction – Mr. George Sam, Business Head & Co-Founder at Mindgate Solutions Pvt. Ltd