PTI photo Outlook Web Bureau 2021-02-01T16:05:44+05:30 Union Budget 2021: Govt Proposes Rs 1,500-Crore Scheme To Boost Digital Payments outlookindia.com 2021-02-01T16:15:24+05:30
The government on Monday proposed Rs 1,500 crore-scheme to boost digital transactions in the country. This move will drive adoption of e-payments in smaller cities and spur innovation by fintech firms.
Finance Minister Nirmala Sitharaman in her Budget speech said there has been a manifold increase in digital payments in the recent past. To give a further boost to digital transactions, I earmark Rs 1,500 crore for a proposed scheme that will provide financial incentive to promote digital mode of payment, she said.