NITI Aayog CEO Amitabh Kant News
Government think-tank Niti Aayog proposed setting up of full-stack 'digital banks', which would principally rely on the internet and other proximate channels to offer their services and not physical branches, to mitigate the financial deepening challenges being faced in the country
India is now world's number one mobile data consuming country.
In an address to the World Economic Forum, Kant also questioned how can tourists visiting India chill out if they are barred from making their eating and drinking choices.
GST will be rolled out nation-wide from Friday midnight, overhauling India's convoluted indirect taxation system and unifying the over USD 2 trillion economy with 1.3 billion people into a single market.
Kant enumerated the various initiatives of the government to change the 19th century mindsets and move into the 21st century through vast and transformative decisions.
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