Zafar Imam, CEO, FinShell
In order to promote digital footprints We appreciate the intiatives announced in the budget by the honorable FM. 75 digital banking units by scheduled commercial bank in different districts will enhance banking penetration to the last mile. E passports using embedded chips, futuristic technology is another digital intiative which Govt plans to complete by 2023. Allocation of 48000 cr to PMAY scheme to complete 80 lakh homes will boost affordable housing sector. Govt also proposed to expand E vidya to 400 channels and establish digital universities. Credit linked guarantee scheme extended till March 2023 will support the MSME sector during these pandemic time. Overall seems to be a futuristic budget where a lot of thrust is given to more digital expansion and to promote start ups and fintech.
