S Anand, the Chief Executive Officer and Co-Founder of PaySprint, a Fintech venture focussed on Next Gen Neo Banking Solutions, offering a Unified Open API Platform
“Overall the budget is short and simple with focus on investment, infrastructure and digital. It is a progressive budget and happy to see the focus on digital payments and continuation of allocation of 1500 crores in this financial year. Startup seems to a flavor and extension of tax incentive for one more year, will surely boost the new ventures. The introduction of Central Bank Digital currency by 2023 is a welcome step towards a digital economy. Just as China has been pushing for the Digital Renminbi, now India too will have its own Digital Rupee. We at PaySprint are empowering millions to transform into Digital banking and welcome the FM announcement of setting up of 75 Digital Banks in 75 districts by the scheduled banks and also enabling the post offices in offering Digital Banking across India. It is indeed a move towards creating a Digital Infrastructure. Must say that the amazing Indian Growth story continues!”
