“From my perspective, the shock to the system, I think, will give a
big boost to digitisation. In the last seven years, the infrastructure
for digital financial services — Aadhar, UPI the JAM infrastructure,
USSD and micro-ATMs — have been laid down. What, I thought, would take
3-6 years to roll out, I now believe that, with the urgency of the
matter, will happen in 3-6 months,” Nilekani said in an interview with
NDTV on Monday.
Explaining his “theory” further, the co-founder of Infosys said that India is going to see a “massive acceleration of the digitisation of Indian economy for financial services” in the next 3-6 months.
For instance, he said India has about 1-1.5 million PoS (point of sale) machines installed in the last 30-40 years. The PoS machine allows card-based transactions. He said the number of PoS would “double or triple in the next 3-6 months.”
Read more at http://www.financialexpress.com/economy/why-nandan-nilekani-is-bullish-on-demonetisation-all-you-need-to-know/459370
Explaining his “theory” further, the co-founder of Infosys said that India is going to see a “massive acceleration of the digitisation of Indian economy for financial services” in the next 3-6 months.
For instance, he said India has about 1-1.5 million PoS (point of sale) machines installed in the last 30-40 years. The PoS machine allows card-based transactions. He said the number of PoS would “double or triple in the next 3-6 months.”
Read more at http://www.financialexpress.com/economy/why-nandan-nilekani-is-bullish-on-demonetisation-all-you-need-to-know/459370
No comments:
Post a Comment