Sunday, April 2, 2017

End of cards is near Amitabh Kant

Nowadays,all transactions are done digitally through credit and debit cards. Digital transactions and  ATMs were set to disappear,said by Niti Aayog CEO Amitabh Kant. Digital transaction through cards would disappear around by three to four years and it would move to mobile wallet and biometric modes. “Technology will be a key driver of India’s growth,” Kant said . “India believes in globalisation and it will continue to globalise and shall never talk of protectionism. As a result, it will emerge as an economy that would attract investments and growth and make India a hub of economic engagements par excellence". "Around 1500 companies have located their innovation centres in Hyderabad and Bangalore. India is the centre of frugal engineering"said Amitabh Kant.

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