Pre Budget Expectations From Mr Anish Williams, CEO and Co-Founder of TranServ
The Union Budget is expected to keep up the good work set in motion by the ‘Start Up India, Stand Up India’ initiative. With the fintech industry emerging as a big market segment for the Indian economy, the Government must look to consolidate the alternate banking and financial transactional spacein the upcoming budget as it looks to give digital commerce a big boost.
As such, we are expecting a relaxation of norms and increased ease of doing business for digital wallets owing to the disruptive impact and ubiquitous accessibility that they offer. An increase in the limit of capital that wallets can handle will definitely add to the user convenience and fuel the growth of the industry.We are also looking forward to a deeper, more integrated service provision in association with nationalised and private banks to further the cause of financial inclusions.
