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Is India on the cusp of a new fintech revolution?


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On February 15 2021, the government of India announced changes to the country s mapping policy by liberalising regulations on geospatial data and maps. According to India s Prime Minister Narendra Modi, it will unlock tremendous opportunities for India. The Department of Science and Technology while announcing changes to India s mapping policy, specifically for Indian companies, said, “What is readily available globally does not need to be restricted in India and therefore geospatial data that used to be restricted will now be freely available in India.”
The Economic Times, on February 21 thundered, “India s new mapping policy can be a game changer, pushing domestic firms to steal a march over global giants and tripling geospatial business valued at ₹30,000 crore now.” ....

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