Union Budget 2022: Quote by Mr. Nikhil Sahni Country Corporate Officer, India & Division President, South Asia, Mastercard
Mr. Nikhil Sahni Country Corporate Officer, India & Division President, South Asia, Mastercard
Mastercard welcomes the continued focus on digital and financial inclusion in the Finance Minister’s Budget 2022 speech. Setting up Digital Banking Units (DBUs) and bringing post offices into the core banking system, will help expand the reach of financial services to the last mile. The extension of Emergency Credit Line Guarantee Scheme (ECLGS) will boost MSME recovery and growth by providing them with liquidity and helping them meet working capital requirements. Start-ups will benefit from tax benefits that will spur further innovation and boost employment in the country.
