“With introducing demonetization,
Prime Minister Modi is emphasizing Indians to adopt technology and the products
created by it particularly in India’s rural landscape for financial inclusion
and banking transactions, fruits of which would be imminent shortly” was the
crux drawn out of a Seminar on Fin Tech Startups – Time to Unleash Potential
under aegis of PHD Chamber of Commerce and Industry here today.
The Seminar objectively concluded that
demonetization has also provided a unique opportunity for fin tech startups to
unleash their potential to connect with rural India for financial inclusion as
well as smother banking transactions.
Thirdly, it held that demonetization would amount
to a major push without any fiscal incentives from the government for fin tech
to sell off their products and apps to recalcitrant and disobedient user of
technology with little training to rural folks to go digital with enthusiasm
and happiness.
The aforesaid view were aired here at fin tech
startups seminar by panel of experts such as Mr. Bipin Kaul, Zonal Head (North
& Gujarat)-Business Banking, IDFC Bank and Mr. Paritosh Sharma, Head
(Digital Vertical) hero Mind Mine as also Chairman Innovation Committee, PHD
Chamber, Mr. Deepak Pahwa; Mr. V K Mishra, Angel Investor, Director, Lakshmi
Energy and Food Ltd.
Economic Advisor, Ministry of Health and Family
Welfare, Mr. Arun Kumar Jha and Dr. Jatinder Singh, Sr. Secretary, PHD Chamber
were also among those who endorsed the views of the other speakers.
The Seminar concluded with a positive note that
with a slight twist in our mindset can bring about a revolution for adoption of
evolving technologies to apply their use in our day-to-day transactions on many
front. It was also felt that the government needs to incentivise the fin
tech startups, what it ought to do invest human resource on vigorous training
to impart the knowledge to adopt and use technology.
No comments:
Post a Comment