Budget2017

Budget 2017 India Highlights: An Overview

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Union Budget 2017 of India was announced by the Finance Minister Arun Jaitley today and made numerous announcements that are relevant to technology industry and consumers. The Union Budget for 2017 was focussed on the rural India, but there were some announcements which had a broader impact as well. Transforming India into a less cash economy to […]

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BHIM app for e-payments launched, PM Links it to Bhimrao Ambedkar

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Prime Minister Narendra Modi yesterday launched a brand new mobile application for the Unified Payments Interface(UPI), called Bharat Interface for Money(BHIM). PM encouraged citizens to use digital modes of transaction. He also said, that a biometric payment system based on the Aadhaar platform would be launched soon. Speaking at the DigiDhan Mela Friday, Modi said […]

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Aadhaar

Using Aadhaar cards for payments

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After demonetisation, Government wants Aadhaar-enabled payments to replace credit and debit cards. Aadhaar Payments (AEPS) has now been formally announced and will roll out soon. This will allow citizens of India to send and receive money using only their Aadhaar number and biometric information. The director general of Unique Identification Authority of India (UIDAI), Ajay Pandey was […]

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