Budget comments on boosting digital payments and financial literacy

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Anup Nayar, CEO-Domestic

I am writing to you regarding comments on the union budget for boosting digital payments and financial literacy. According to Anup Nayar, CEO-Domestic, In solution Global Ltd, “With the Finance Minister announcing the reduction of 39000 compliances and decriminalizing more than 3400 legal provisions, the budget proposes a series of measures to unlock the potential of our economy and promoting businesses. New-age start-ups and unicorns should also feel empowered with the Jan Vishwas bill that will amend 42 central acts to support organizations. In addition, the formulation of the National Information Financial Registry will serve as a centralized source of financial information, which will not only empower industry players but enhance the payments infrastructure as well.”