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\n\"Physical banking in India is almost dead and it is adopting pervasive technologies with such an accelerated pace that in next three to four years, the digital transactions would move through mobile wallet and biometric modes completely replacing debit and credit cards,\" Kant said.
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In the last two-and-a-half years, the government has announced several reform measures that resulted in attracting healthy FDI<\/a>, Kant said at an event organised by the PHD Chamber here.
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\n\"Our foreign direct investment (FDI) has increased by 60 per cent in the last two years. But FDI across the world has declined by 16 per cent ... India's drive for opening up economy will continue unabated,\" he added.
\n
\nKant said India believes in globalisation and it would continue to globalise and not talk about protectionism. \"Despite the talks of Brexit, despite Donald Trump government talking of protectionist policies, we believe in globalisation.\"
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\nIndia is growing at over 7 per cent, but \"our challenge is to grow at 9-10 per cent for the next three decades\" to bring millions of people out of poverty, he said.
\n
\nKant also highlighted that India has emerged as the country of low-cost engineering, and global players like Renault and Hyundai are manufacturing cars here and exporting to other parts of the world.\n\n<\/body>","next_sibling":[{"msid":57954901,"title":"Handset makers move Trai against mandatory mobile GPS","entity_type":"ARTICLE","link":"\/news\/telcos-move-trai-against-mandatory-mobile-gps\/57954901","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":57955126,"entity_type":"ARTICLE","title":"Mobile wallets, biometric modes of payments to replace cards: Amitabh Kant","synopsis":"In the last two-and-a-half years, the government has announced several reform measures that resulted in attracting healthy FDI.","titleseo":"telecomnews\/mobile-wallets-biometric-modes-of-payments-to-replace-cards-amitabh-kant","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2017-04-01 08:46:35","lastupd":"2017-04-01 08:48:04","breadcrumbTags":["Amitabh Kant","industry","FDI","Mobile wallets","Niti Aayog","biometric modes of payment"],"secinfo":{"seolocation":"telecomnews\/mobile-wallets-biometric-modes-of-payments-to-replace-cards-amitabh-kant"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2017-04-01" data-index="article_1">
新德里消息:手机钱包国际收支和生物模式将取代借记卡和信用卡在未来三至四年,镍钛Aayog首席执行官Amitabh康德今天说。
“物理银行在印度几乎是死亡,它与这样一个加快采用普遍的技术,在未来三到四年,数字交易将通过手机钱包和生物模式完全替换借记卡和信用卡,”康德说。
在过去的两年半,政府宣布了一些改革措施,导致吸引健康外国直接投资康德说,博士商会组织的一次活动上。
“我们的外国直接投资(FDI)在过去的两年里增加了60%。但全球外国直接投资下降了16%…印度的开放经济将继续有增无减,”他补充道。
康德说,印度相信全球化和它将继续全球化,而不是谈论保护主义。“尽管Brexit的会谈,尽管唐纳德·特朗普政府讨论贸易保护主义政策,我们相信全球化。”
印度是7%以上的速度增长,但“我们面临的挑战是增长9至10百分之的下一个三十年”将数以百万计的人摆脱了贫困,他说。
康德还强调,印度已经成为这个国家的低成本工程,和全球玩家像雷诺和现代制造汽车出口到世界其他地区。
“物理银行在印度几乎是死亡,它与这样一个加快采用普遍的技术,在未来三到四年,数字交易将通过手机钱包和生物模式完全替换借记卡和信用卡,”康德说。
在过去的两年半,政府宣布了一些改革措施,导致吸引健康外国直接投资康德说,博士商会组织的一次活动上。
“我们的外国直接投资(FDI)在过去的两年里增加了60%。但全球外国直接投资下降了16%…印度的开放经济将继续有增无减,”他补充道。
康德说,印度相信全球化和它将继续全球化,而不是谈论保护主义。“尽管Brexit的会谈,尽管唐纳德·特朗普政府讨论贸易保护主义政策,我们相信全球化。”
印度是7%以上的速度增长,但“我们面临的挑战是增长9至10百分之的下一个三十年”将数以百万计的人摆脱了贫困,他说。
康德还强调,印度已经成为这个国家的低成本工程,和全球玩家像雷诺和现代制造汽车出口到世界其他地区。
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