Bringing about change at the macro level with rapid growth is necessary to reach up to the top level development.
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Tag: Aadhaar
No good start-up will starve to death: Sanjay Swami of Prime Venture Partners
Prime Venture Partners, formerly Angel Prime, is a venture capital fund that focuses on early-stage start-ups, and looks for companies that don’t just need capital but also mentoring. Prime has a number of investments in the fintech space, and it’s well-known for its highly-engaged ap…
NIELIT to train small traders in digital payments
National Institute of Electronics and Information Technology (NIELIT) launched a programme to train small and medium traders in various modes of digital payments. NIELIT, under the Ministry of IT and Electronics, would conduct the programme through five regional workshops, 30 state workshops and …
‘India needs investors with operational insights & playbooks that actually work’
Chamath Palihapitiya knows how to grow an organisation fast. As the head of user growth at Facebook, he helped build an audience for the social networking site. But, as a venture capitalist, Sri Lanka-born Palihapitiya is going slow – one at a time. He knows scale is important for an organisation…
Aadhaar, eKYC, UPI to fuel innovation in fintech, says report
Financial technology built around India Stack, (a set of tools to build software) Aadhaar, electronic know your customer (eKYC) process and Unified Payments Interface (UPI) will fuel innovation that can help 400 million more Indians access credit, insurance and investment opportunities, a report …
Consumer, SME loan market to reach $3 trillion in 10 years: Report
With the government taking various initiatives for hassle-free and cashless financial transactions, the consumer and SME loan market is expected to grow to $3,020 billion over the next decade, says a Credit Suisse report. As per the report by the Swiss brokerage, the domestic financial landscape …
Kalraj Mishra orders to speed up the construction of MSME – Technology Centres
Mishra ordered to speed up the construction of all the Technology Centers, while reviewing the work of MSME Development Organization. He was assured that the work on at least 10 Technology Centres will start during the year. He desired that all Technology Centres should be completed in all respe…
Guarantees & counter guarantees for loans to be provided to MSMEs
The government must do away with the interest subvention scheme and p lough back the subsidy into a universal crop insurance scheme for small and marginal farmers, according to a recommendation from a panel constituted by the Reserve Bank of India (RBI). The move can transform the agriculture sec…