Budget 2017: cash less beneficiaries zoom in Budget speech duration trade
Shital Jibhe / 01 Feb 2017
With government of India aiming to transform India into a digital economy, stocks related to this theme zoomed in trade even as the Finance Minister, Arun Jaitley speaks in the Parliament.
With government of India aiming to transform India into a digital economy, stocks related to this theme zoomed in trade even as the Finance Minister, Arun Jaitley speaks in the Parliament.
The FM has targeted Rs 2500 crore via digital transactions in FY18.
Adhaar enabled merchant payment will be launched soon, especially for those without net banking, e-wallets, and debit cards.
Amendment in payment and settlement act: Government proposes to create payment regulatory board.
Govt will launch two new schemes to promote the use of Bhim.
Banks to introduce additional 10 lakh PoS by March 2017.
Two new referral schemes to promote digital schemes.
Buzzing stocks:
TVS Electronics - Rs 204.80 (up 4.75 %)
Bartronics - Rs 19.80 (up 2.70 %)
Wep Solutions - Rs 50. 15 (up 4.90)
Quick Heal - Rs 269 (up 0.5 %)
RS Software - Rs 103.70 (up 6.30 %)
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