Reaction from Mr. Yogendra Kashyap, CEO, RapiPay Fintech Pvt. Ltd, an SK Narvar promoted entity.
“Today’s budget was with a clear aim to empower India with a special focus on building infrastructure and creating a digital ecosystem to enhance the economy. As a push towards growth in last mile delivery of financial inclusion, the Finance Minister has proposed a Rs 1,500 crore-scheme, which will be marked as financial incentives. India has witnessed speedy growth in assisted payments post the pandemic, especially from the marginalized population of Tier II & III areas. Further, the government has also proposed to set up a world-class fintech hub near Gandhinagar to augment India’s fast-growing fintech market and boost self-employment under the Prime Minister's Aatmanirbhar Bharat vision. This would help in growing the payments infrastructure in our country.”