Boost to digital payments from Union Budget 2021
In the fiscal year 2021-22, India’s Union Finance Minister, Nirmala Sitharaman, unveiled the highly anticipated Annual Union Budget. A pivotal moment in the Budget 2021 was the launch of a novel scheme to boost digital payments nationwide. During her budget address, Sitharaman allocated INR 1500 crore to this initiative. This strategic move is poised to…