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FinTech, AI & Digital India: Budget 2018

It’s simply fascinating to read the budget document and observe where the money is earned and spent. This is my second year of reading the full document, and if you are like me and believe in observing macroeconomic decisions that lead to micro-impact, you should go through the full document. For the purpose of this piece, I will be restricting myself to FinTech and related industries. As I read the 2018’s budget speech, I could sense one consistent theme:

Technology as a driver of change

As a driver of efficiency.

Cash-flow-based lending: An interesting cocktail of linking Trade Electronic Receivable Discounting System (TReDS) platform with GSTN (and onboarding public sec ...

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