ET Financial Inclusion Summit: One growth account for all of India
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Last Updated: Jul 19, 2021, 09:00 AM IST
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Synopsis
With about 700 million connections, India has the world’s largest base of broadband users. It has 696 million users of smartphones and the largest data usage per smartphone at 9.8 GB a month on average.
PTI
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India’s development priorities must have financial inclusion at its vanguard as New Delhi harnesses a raft of legacy and new-age resources, such as banks, insurers, phone companies and fintech platforms, to prevent pilferage in the delivery of federal welfare benefits and draw the marginalised in helping reach the collective goal of a $5-trillion economy.
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