Post-Budget reaction of Mr. Bhavik Vasa – Chief Growth Officer, EbixCash

Post-Budget reaction of Mr. Bhavik Vasa – Chief Growth Officer, EbixCash

“Our key takeaways are renewed emphasis on ‘Access to Connectivity’ and ‘Access to Capital’. Prime Minister Modi is laying a firm groundwork to improve key infrastructure that powers connectivity, medium enterprises, rural India and large scale adoption of digitization.

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MSME companies are the bed rock of all large economies and remain India’s biggest employment generator. Providing access to liquid capital will have an accelerated economic impact in consumption, higher spending and an economic uptick at the grass-roots levels.

The intersection of available capital and accessible connectivity will roll out a level playing field for the fintech and digital payments sector enabling the digital medium to spread across India seamlessly.”